Deciding how to manage money in retirement can be tricky. Experts weigh in on the best time to use super versus personal savings.
As retirement approaches, individuals face big financial decisions, including how to manage retirement funds. Should retirees rely on superannuation or personal savings? The answer depends on personal circumstances, retirement goals, and financial objectives.
Superannuation provides a reliable income stream, while personal savings offer flexibility and control. To help make an informed decision, let's explore the pros and cons of relying on superannuation and savings in retirement.
Author's summary: Managing retirement funds requires careful consideration.