Superannuation
Superannuation Retirement Income Streams
Account Based Income Streams
An account based income stream can be provided as a pension by self-managed super funds, retail super funds, and certain employer and industry super funds.
They generally provide you with full access to your capital, making it a flexible and accessible option.
Other income streams do not necessarily allow access to your capital (for example a lifetime income stream).
Investment earnings, the amount of the income payments you choose to be paid and any withdrawals you choose to make will ultimately determine how long your account balance will last. The more you choose to take in income payments or withdrawals, the sooner your balance will be depleted.
It is important to be aware that the investment returns and how long the income stream lasts are not guaranteed.
