Mark, 61, has $2.3M in super and is still working. What strategies can he use before retirement?

What strategies are available if you’re over 60, still working, and have built significant superannuation? Let’s look at Mark as an example. At 61, Mark has $2.3 million in superannuation, is still working, and doesn’t feel like he needs to access his retirement savings yet. Mark is in a strong position, but having significant assets doesn’t always mean you’re making the most of your opportunities. Sometimes people can become focused on accumulating wealth and miss the chance to use it to enjoy the lifestyle they’ve worked hard to create. Once eligible, strategies such as a transition to retirement approach may allow someone like Mark to access part of their super while still working. This can create opportunities to restructure cash flow, make additional super contributions, and potentially improve tax efficiency, depending on personal circumstances. It’s also important to look beyond the numbers and understand what the money is actually there to achieve. Retirement projections can help show whether someone is on track and whether they could comfortably spend more while still maintaining long-term financial security. For many people, the goal isn’t simply to maximise the amount left behind, it’s to use their wealth to create meaningful experiences, support their lifestyle, and enjoy life while they are healthy and able. A well-designed retirement strategy is about finding the balance between protecting your future and making the most of the present. Always seek personalised financial advice based on your individual circumstances. General advice only. Amy Lehmann is an Authorised Representative (No. 1292710) of Consortium Private Wealth Pty Ltd (AFS Licence 495401).

Disclaimer || The information provided in this post is general in nature only and does not constitute personal financial advice. Amy Lehmann is an Authorised Representative(No. 1292710) of AFSL 495401.