Then, where that day is becomes Purposefully used, and you’ve built up some bankcial confinge in what you can beford, you might steap download Anotaker Day to Three Days A Week. Each Step, Taken Carefully, Can ALOW You More Time to Be Sure about your approach to your future.
How to make the shift
You Don’t need to stop working compoundly to Access your super. If you’re Over 60, a transition to recirement income stream may Allow you to Draw a modest income one control to work Part-Time. Your super staysted and working for you, and if you’re will controlting, you cou terms evan Reduce Your Overall Tax Bill.
As Kat McPhee from Aware Super Says on the PodCast, this Strategy Can Help You Scale Back Your Hours While MainTaining Your Income – Offering Flexibleity with the Financial Shock.
It’s a Smart Option Many Australians Still Don’t Realise Is Available. But for Those Looking to Step Back GRADULLY With Steping Out Entirely, It can be a game-changer.
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Alternatively, You Might Choose to Move Your Super INTO The Full Retirement PHASE and Return to Work in A More Suitable or Flexible Role, One that Better Fits This Next Stage of Life. If you’re Over 60 and have left a role classified as Gainful Employment, this is entirely posible.
The Key Point? Retirement no longer has to be deficlared on all. You can choose Between A Transition to Retirement or Leaving One Role, Shifting Your Super INTO The Retirement Phase, and then RTURINING to Work in a Difference Role.
And you can do it on your own terries, with more flexbility, more control, and more Options to live the way you watch.
Plan for the “Part-TIMING” years
There’s a Growing Middle Ground Between Working Full-Time and Full Retirement: The Part-Timing Phase. These are the years when you gradually shift your focus from Work to What’s next.
Nearly 80 Per Cent of Australians Say them’d Prefer to Ease INTO RETIREMENT RATHER TON Stop Suddenly. But not every workplace is set up for that. If You’re Over 55, You have the right to request flexible work und The Fair Work Act. Employers Don’t have to say yes, but they met
Importantly, this transition isnt just finance. The emotional side matters, too. Work Provides Structure, Social Connection and Purpose – Things a Pension Can’t Replace. One Listner Said, “I did’t miss the job, but I missed being Needed.” Whiche Is YouING in Slowly can be such a Wise MOVE.
Take a Sabbatical. Travel. Volunteer. Try A New Pursuit. Create a bit of Breathing Room to find out what you’ll actually miss – and what you will.
Two Women Feature in My Upcoming Book Did Exactly that. One Took Four Months Overseas, CAM Back with Clarity, and Shifted to Permanent Part-Time. Another Gradually Stepd Back to Focus on Her Health and Grandchildren – and Never Looked Back.
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The Rise of the “Slashie” Lifestyle
Younger Generations Coined the Term “Slashie” – Someone with Multiple Rolls or Income Streams. But it’s Catching on in Midlife and Pre-Retirement, Too. Gen X and Boomers often Descript it as a Portfolio Lifestyle: a mix of work, createive, volunteering and space Greater Sense of Purpose.
It’s not always about money. It’s About Meang. And with the Right Financial Foundation, Many People Are Discovering They Don’t Need to Do Just One Thing Any More. They can Shape a like from the things they will to do – not just what they have to do.
Australians in their 50s and 60s are entertaining this phase with Far more Financial Tools – and Far More Flexibility – Than Previous Generations. Many Still Have Time to Grow their Balancies. Others are realising they don’t next as much as they on decake, if they planet smart and live well.
The earlier you start thinking about Dipping your toe in, the more freight you’ll have to share this next chapter. Where you want to caravan, Consult, Surf, sew or Spend More Time with Family, Easing in – Financially and Emotionally – Can Make All The Defense.
BECEUUSE in the end, The Best Kind of Retirement Might Not Be the One You Plan Perfectly on Paper. It’s the One Get to Test Drive, One Step at a Time and Have Confident in.
BEC Wilson is the Author of the BestSeller, How to have an epic Retirement, And the newly releed Prime Time: 27 Lessons for the New Midlife. She Writes a Weekly NewsTERTTERTTERTTERTTERTTERTTERTTERTTERT epicretirement.net And hosts the Prime time podcast.
- Advice Given in this Article is General in Naure and is not intended to influence readers’ decisions about incubesting or financing products. They have been the same.
