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10 Superannuation

Withdrawing from Super

While super is an extremely important component of retirement planning, it must be remembered that it is generally locked away or 'preserved' until you reach your preservation age. This was set at age 55 for individuals born prior to 1 July 1960 but is now increasing to age 60. Age 60 applies to individuals born after 30 June 1964. This is shown in the table:

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