Have you ever wondered if retiring and starting a super pension will stop you from returning to work if you have a change of heart?
The short answer is no, it won’t.
Retirement isn’t a ‘locked-in’ contract. You can retire and boomerang back into paid work if you’re so inclined.
You may retire and then suddenly be enticed back to work by someone who values your skills. Some people get bored and decide retirement doesn’t suit them, while others worry their retirement savings are being depleted too quickly. Some early retirees may discover their spouse doesn’t want them hanging around the house all day – and there’s only so much golf a person can play!
But as with everything to do with super, there are rules…
To access your super in the first place, you need to satisfy a condition of release. The rules vary depending on your age.