Apply
Read the Retirement Income PDS and apply by completing and returning the form at the end.
Why retire with us
Because your money should work as hard in retirement as you did!
Retirement is just the beginning of a new, flexible and worry-free era, one where your super keeps working for you, your way. We can help turn your hard-earned super into a reliable, tax-effective income so you can enjoy the good stuff: travel, time with loved ones, hobbies … or even doing nothing, you pick.
Retirement made easier with CareSuper
Competitive fees
Transparent and fair fees, plus the percentage-based admin fee is capped, so you keep more of your retirement income.
Flexible income options
Choose how much income you want and when you want it.
Investment options made for you
Investment options designed to balance growth and income, helping you manage market ups and downs in retirement.
Tax advantages
Your income is generally tax-free once you turn 60, plus any investment earnings on your retirement income account are also generally tax-free.2
Get paid a retirement bonus
Get a bonus when you move your money into a CareSuper Retirement Income account, helping boost your income from day one.3
Easy withdrawals
Access your money whenever you need to, knowing that your savings are there for both planned moments and unexpected ones.
Your super, your call
Want control?
Our Flexible Income account let’s you decide how your super is invested and how much you draw and when, from fortnightly pay to once a year. Plus, you can access lump sums if something big comes up (hello, dream holiday!).
Prefer to leave it to experts?
With our Managed Income account, we manage your investments and pay you fortnightly income designed to last to age 90. You can still access lump sums anytime, we’ll simply adjust your future payments.
Ready for your super to start paying you?
Help
If you need assistance with your application, we're here to help you.
Enjoy
Sit back and enjoy your retirement!
Kick off retirement with a bonus
Super + Age Pension
Meet CareSuper member, Alan
Get retirement-ready
Check your readiness
Tick off our quick checklist to see how prepared you are for retirement.
Get startedTry the lifestyle calculator
Get a clearer picture of what your retirement income might look like, and how long it could last.
Compare nowRead our Retirement Guide
Learn how to prepare for retirement, understand how much super you may need, and turn it into steady income.
Read nowThe proof is in the ratings
Top rated
CareSuper was awarded 5 Apples by Chant West — the highest rating, recognising us as a ‘highest quality pension fund.’3
Platinum performance
Our pension products have earned SuperRatings Platinum performance - the highest rating possible offered by SuperRatings.4
Best customer experience
CareSuper ranked the number #1 for the best customer experience across the superannuation and financial services by Customer Service Benchmarking Australia (CSBA).5
People's choice
A national survey of superannuation members recognised CareSuper as having industry-leading customer satisfaction levels and outstanding service.6
Retirement FAQs
What is a Retirement Income account?
A Retirement Income account lets you turn your super into a regular income. It provides a flexible, tax-effective way to support your lifestyle in retirement. We offer two Retirement Income accounts - Managed Income and Flexible Income.
When can I start a Retirement Income account?
You can open a Retirement Income account if:
- you reach 60 and retire or stop working for an employer
- you turn age 65, even if you’re still working
You may be able to start a Flexible Income account earlier if you’re permanently incapacitated or terminally ill. Read our Early access to your super fact sheet for more information.
How much income can I receive?
You can choose how much income you want (as long as you meet minimum pension rules set by the government) and adjust your payments to suit your lifestyle and needs.
Are my income payments taxable?
If you're over 60, your income payments are generally tax-free.
Can I change my investment options in retirement?
Yes! We offer a range of investment options designed for retirees, so you can balance growth and income depending on your comfort with risk and market conditions.
Or if you want even more control, our Direct Investment option in our Flexible Income account, allows you to invest directly in approved S&P/ASX 300 shares, exchange traded funds, listed investment companies and term deposits.
Can I access my money when I need it?
Absolutely. We allow flexible withdrawals so you can access funds when you need them (although it may reduce future payments and how long your income will last).
Can I get Age Pension as well?
Many members combine their super with the Age Pension to maximise their income in retirement.
The amount you receive depends on your total assets and income, including your super.
It’s best to speak for a financial adviser for guidance as your eligibility can change over time depending on your financial circumstances.
How do I start a Retirement Income account
To open an account read the Retirement Income PDS, complete and return the form at the end, or contact us for guidance. We can help you set up your income account and choose the investment options that suit your retirement goals.
Disclaimer
1Based on Australian Bureau of Statistics data, the average life expectancy at retirement age (around 65) suggests Australians can expect to spend approximately 17 years in retirement. Source: ABS, Life Tables, Australia, 2023.
2If your total super balance (across both super and retirement phase accounts in all funds you invest in) is more than the large super balance threshold ($3 million for 2026-27), extra tax may apply to a proportion of your realised earnings above the threshold.
3Eligibility criteria apply, to find out more visit our Retirement bonus page.
4Chant West - CareSuper has an agreement with Chant West (ABN 20 639 121 403) to use the Chant West logos to promote CareSuper’s recognition through the Chant West rating. Read about the rating methodology at www.chantwest.com.au.
The Zenith CW Pty Ltd ABN 20 639 121 403 AFSL 226872/AFS Rep No.1280401 Chant West rating (assigned June 2025) is limited to General Advice only and has been prepared without considering your objectives or financial situation, including target markets where applicable. The rating is not a recommendation to purchase, sell or hold any product and is subject to change at any time without notice. You should seek independent advice and consider the PDS or offer document before making any investment decisions. Ratings have been assigned based on third party data. Liability is not accepted, whether direct or indirect, from use of the rating. Past performance is not an indication of future performance. Refer to www.chantwest.com.au for full ratings information and the FSG.
5SuperRatings - CareSuper has an agreement with SuperRatings Pty Ltd (SuperRatings) ABN: 95 100 192 283 a Corporate Authorised Representative (CAR No.1309956) of Lonsec Research Pty Ltd ABN 11 151 658 561, AFSL No. 421445 (Lonsec Research) for the provision of research, reporting and marketing services, which permits us to use the SuperRatings logos for marketing purposes. Read about the award methodology at https://www.superratings.com.au/.
6CareSuper was ranked number 1 for customer experience across the financial sector by Customer Service Benchmarking Australia (CSBA) for the period October to December 2025. CareSuper has an agreement with CSBA for quality assurance and staff training within their contact centre. Awards and ratings are only one factor when deciding how to invest your super. Read about the award methodology at csba.com.au.
7CareSuper was recognised in Mozo People's Choice Awards 2025. Read about the award methodology at mozo.com.au.