It’s an inherent aspect of any partnership that one individual will be younger than the other. However, the significant impact this age difference can have when strategically approaching retirement income rules, particularly if one partner transitions out of full-time work earlier, is often underestimated. These considerations are relevant for both the Age Pension and superannuation.
Wendy & her husband would like to maximise their Age Pension
Q. My husband is older than me and qualifies for an Age Pension at the end of the year. I will not qualify for another 3 years. My question is can I access my super when he is on the Age Pension and I am 64, and after 3 years when I turn 67 will Centrelink re-assess my super balance?
Retirement Essentials adviser Amanda Hardy Lai addresses Wendy’s specific query in the video below.
