When can you access your savings?
Super is designed to help you save for retirement while you’re working. That’s why the government places restrictions on when you can get access to your money.
Ordinarily, to access your money you need to satisfy one or more of these conditions:
- You’ve reached your preservation age and you’ve retired permanently from the workforce,
- You’ve turned 65, even if you’re still working.
But in some circumstances, you may be able to access some or all of your super early. The government applies strict rules to early release payments, not just to the circumstances that qualify, but also to the amounts you can withdraw.
You can find out more about the circumstances that qualify for early release of super in the information below. Note that all early release applications are subject to our approval by your super fund and may require additional evidence.