RETIREMENT & LIFESTYLE PLANNING

	Baby boomers need to plan their transition into retirement for
	Financial Security		Active Health Management
	Emotional Wellbeing		Maximum Self Esteem

ISSUE - 22 - Autumn 2005/2006

Retirement Income Streams
Here is the corrected table from the Your Life Special Report on Retirement Income Streams, edition 23.
Take a look at this comparative table to help you locate which income stream caters to your priorities.

Allocated Pension TAP Complying Term Complying Lifetime

Investment choice/risk Yes Yes No No

Money type Super Super Ordinary and Super Ordinary and Super

Term Duration of account Life expect to age 100 Life expect to age 100 Lifetime

Income Variable within range Fixed with limited choice Fixed Fixed

Access to capital Yes No No No

Centrelink asset test 100% assessable 50% exempt 50% exempt 50% exempt

Access pension RBL No Yes Yes Yes

Death benefit Account balance Account balance Remaining pension payments Guarantee period

	Allocated Pension	TAP	Complying Term	Complying Lifetime
Investment choice/risk	Yes	Yes	No	No
Money type	Super	Super	Ordinary and Super	Ordinary and Super
Term	Duration of account	Life expect to age 100	Life expect to age 100	Lifetime
Income	Variable within range	Fixed with limited choice	Fixed	Fixed
Access to capital	Yes	No	No	No
Centrelink asset test	100% assessable	50% exempt	50% exempt	50% exempt
Access pension RBL	No	Yes	Yes	Yes
Death benefit	Account balance	Account balance	Remaining pension payments	Guarantee period