At this time, you may or may not choose to retire. Until you decide what you want to do with your money, we’ll keep investing your MLC MySuper balance with 64% growth investments such as shares and property and 36% defensive investments such as bonds and fixed interest. When you retire, you can choose to withdraw a lump sum or receive a regular income stream from your super -or a combination of the two.
Meet Hannah
- 67 years old
- Works part-time in admin
- $171,000 in MLC MySuper
- She and her partner have no mortgage, a small investment property and a modest share portfolio
Hannah’s keeping her super balance invested in MLC MySuper as she’s continuing to work part-time, even though she’s reached retirement age. Her MLC MySuper continues to have a mix of growth investments to help it grow as well as some defensive investments which may help to reduce the impact from short-term market falls.