I am currently in a company super fund managed by amp. Since I no longer work and are close to 65 I do have access to my super, but have not made withdrawal at this stage. Lets say I have 1 M in my account. Is it possible to withdraw half of this in cash and leave the rest for later to buy an annuity.
I want to use the cash to upgrade our property but are reluctant to take a new mortgage at this stage in my life.
