July 02, 2025

Luke on 2CC – How to start a pension from super – understanding the rules to get you started

15 minutes

Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, which aired live on Friday 27 June 2025. The topic for this week is: How to start a pension from super? Over the past few weeks in the lead up to the end of financial year, Luke’s had some interesting client conversations and there appears to be a lot of misinformation about how you turn your super savings into a retirement income stream. This show seeks to shed light on those issues to help you sort out the facts from the fiction.

Thank you for joining us live on 2CC, YouTube or your favourite podcast streaming service with ‘The Strategy Stacker – Luke Talks Money’.

Key topics covered include:

What makes you eligible to start a pension from your super?

Can you return to work after you retire and start a pension from your super?

If I have more than one job, did you know that you could leave one job and still be eligible to start a pension?

Do you cash out all of your investments to start a pension? No you don’t!

How much super do you use to start a pension and how much will you get paid from it?

How often can you receive a payment from your pension?

Did you know the earnings within your pension are tax free and the income comes out to you are tax free?

Did you know you pay no capital gains tax for asset sales inside a pension?

Think about what might need to live on in retirement, it helps you set a goal.

Is there a minimum you need to take from your pension as income over a year?

How does a Centrelink aged-pension fit with a pension from super?

In summary, Luke shares where to find more information.

https://www.envisionfinancial.com.au/wp-content/uploads/2025/07/The-Strategy-Stacker-Luke-Talks-Money-27062025.mp3

Our podcast is also available on Apple Podcasts, Spotify and YouTube – ‘The Strategy Stacker – Luke Talks Money’

Do you need help building your super, retirement planning or starting a pension from super?

There is a lot of misinformation about super and retirement. Remember you don’t need to go it alone. Make an appointment to meet with Luke if you need help to unlock your super and retirement goals.

Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals, including investment, super and retirement (including transition to retirement). Simply make an appointment to confidentially discuss your goals. Call Envision Financial Services on 6260 4749. You can use the contact us form to make an appointment, for a confidential discussion about your situation.

Luke will return to 2CC to talk about other ‘Money Matters’ next week, we hope you can join us. You can also catch up with ‘The Strategy Stacker – Luke Talks Money’ podcast at a time that suits you.

We look forward to your company again. Luke’s book Smart Money Strategy is out now.

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