Can some please explain to me what the rules are if at retirement I have say 2.5 mil in assets and a 1 mil in accumulated cash from contributions as well as cashflow from the properties. I am earning a early income of 140 K per year . What are my draw down obligations ? And would I need to sell a property if I have no intension of seeking access to the pension ? Do drawdown rules only apply to enable me access to the pension ?
What are my draw down obligations ?
None
And would I need to sell a property if I have no intention of seeking access to the pension ?
No
Do drawdown rules only apply to enable me access to the pension ?
Yes - if you mean drawing an income stream from the super fund.
Do drawdown rules only apply to enable me access to the pension ?
Yes - if you mean drawing an income stream from the super fund. -
So if was getting 140 k cashflow on retirement and was using this as my income from assets in my super fund and didnt want to access the pension would I need to follow the draw down rules ?
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