Call it what you like, it doesn't alter the facts. There is...

  1. Enn
    1,463 Posts.
    Call it what you like, it doesn't alter the facts. There is nothing to stop you saving outside of Super and generating your own income at any age. I've done it and so have thousands of others.

    If you are focused on preservation age because you've put all your savings efforts into Super, then it depends on your age when this occurs. The following will explain it for you:

    mce-anchorYour preservation age

    Your preservation age is not the same as your pension age. Your preservation age is the age you must reach before you can access your super and depends on when you were born.
    The following table will help you work it out.
    Date of birth Preservation age
    1 Before 1 July 1960
    55
    2 1 July 1960 – 30 June 1961
    56
    3 1 July 1961 – 30 June 1962
    57
    4 1 July 1962 – 30 June 1963
    58
    5 1 July 1963 – 30 June 1964
    59
    6 From 1 July 1964
    60


    Hope that helps.
 
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