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If you retire at age 60 or over, you may want to use your super to start an income stream investment, rather than take a cash lump sum.
This is because:
These tax benefits can enable you to receive a more tax-effective income to meet your living expenses.
This is particularly true if your super benefit is quite large and/or you receive income from non-super investments.
To find out more about income stream investments, speak to a financial adviser.
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