✓ The Sydney Morning HeraldMoney & Work
How to retire early and spend down all your wealth
Lifetime annuities and home equity schemes let Australians convert retirement savings into spending power before they die.
Longevity is the main unknown: you can't know how long you'll live, so retirement spending feels risky. But three strategies help.
Invest super into lifetime annuities that pay fixed income monthly until death, choosing one that adjusts for inflation. Access home equity by selling and renting, or use a government equity release scheme.
A financial planner can model whether you can retire earlier than 65.
Why it mattersIf you're 50-60 with assets and dream of retiring early, these tools can help you plan whether it's possible and spend your wealth in retirement.
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