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What is ‘retirement age’?
There is no fixed retirement age in Australia, however people often choose to retire when they are eligible to apply for the Age Pension. In 2018, the Age Pension age is 65.5 years, but it is set to rise to 66 years in 2019, and continue to increase incrementally to age 67 by July 2023.
To learn more about accessing your superannuation visit the ATO’s website.