Most of us plan to retire someday and (we hope) transition to a secure, financially independent lifestyle in retirement. 对我们大多数人来说, getting to a place of financial independence involves acquiring enough wealth while 工作ing to generate the money needed later on in life.
当你退休时, if you’ve accumulated enough money, you make a financial shift from relying on earned income to relying on income from retirement savings, 包括:
- Money from investments inside and/or outside superannuation funds, and
- Social security (age pension) entitlements
然而, some people choose to continue 工作ing on a casual or part-time basis after retirement. Doing so means they still receive earned income as well as money from a superannuation account or pension.
There are many reasons why people continue to 工作 in retirement, 包括:
- 财务需求
- 保持活跃或忙碌
- 个人享受
- For a sense of belonging
- For self-esteem/self-identity
- To share their skills and experience
- They don’t feel ready to retire
Other people choose not to 工作 during retirement. 再一次。, there are many reasons, but it’s often because they have saved enough during their 工作ing years and don’t need the additional income. It can also be that they’re ready to stop 工作ing and enjoy more free time, or because they have other responsibilities or health concerns.
In addition to earned income, research shows that there are physical and mental health benefits that come from 工作ing as we age. 然而, from a financial perspective, there are important financial pros and cons to understand when it comes to employment and earned income during retirement.
例如, depending on your circumstances, here are a few things you’ll need to keep in mind if you plan to continue 工作ing in retirement:
- Your age pension entitlements could be reduced
- You might not be able to make additional contributions to a super fund
- Your ability to access super contributions may change
- If you earn over the tax-free threshold (currently $18,200 in 2023) you will be subject to income taxes
- Working part-time or casually can mean you may not be eligible for the same benefits as full-time employees, such as paid sick leave, holidays or health insurance.
简而言之, retirement doesn’t always mean the end of ‘工作,’ but there are financial pros and cons to consider before you make a choice. If you’d like to learn more about your options, as well as discuss important factors that may affect your personal finances during retirement, 澳门赌场官网 我们今天的团队.
