Not exact matches
As we discussed
in part 1, the S&P STRIDE Index Series can help by providing a framework for estimating the
annual income stream available in retirement using the concept of the Generalized Retirement Income Liability or «GRIL» Read more -LS
income stream available
in retirement using the concept of the Generalized
Retirement Income Liability or «GRIL» Read more -LS
Income Liability or «GRIL» Read more -LSB-...]
In addition to her
income from employment ($ 40,000 a year) she gets a transition to
retirement income stream from her super as an
annual payment.
The GRIL
in January 2010 was 16.0127, so by dividing the hypothetically grown balance by the GRIL, we calculate an estimated
annual retirement income stream starting
in 2020 of $ 19,706 for 25 years.
As we discussed
in part 1, the S&P STRIDE Index Series can help by providing a framework for estimating the
annual income stream available in retirement using the concept of the Generalized Retirement Income Liability or «GRIL» (see part 1 for further details about the
income stream available
in retirement using the concept of the Generalized
Retirement Income Liability or «GRIL» (see part 1 for further details about the
Income Liability or «GRIL» (see part 1 for further details about the GRIL).
Using the CPI to adjust this back to January 2003 dollars, this amounts to an estimated
annual retirement income stream starting
in 2020 of $ 16,524.41 for 25 years.
You may be able to claim a tax exemption
in the SMSF
annual return for certain
income earned from assets held to provide for
retirement phase super
income stream benefits.
At Sure Dividend, we'd prefer that dividend
income (mixed with any other passive
income streams) cover the
annual amount you will need
in retirement.
You can claim the tax exemption
in your SMSF
annual return once your SMSF begins paying «super
income stream benefits» (commonly referred to as pensions) that are
in the
retirement phase.