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Profile 5 (couple, renters)

About us

We want to invest our super savings in a way that maximises our retirement income. We can tolerate fluctuations from high-risk investments that aim to grow our account balance. We also want flexible access for top ups and emergencies. We’re likely eligible for a part or full Age Pension.

About your profile

With this profile, you’ll get an account-based pension that:

  • invests account balance in our high risk, high return option, CSCri Aggressive, to prioritise income maximisation over the long term.

  • pays a larger percentage of your balance as an income stream up to age 67, recognising that this may be your primary income before you can apply for Age Pension—this also increases the amount of Age Pension you may be eligible for.

  • pays a reduced percentage of your account balance as an income stream when you receive Age Pension to make your balance last as long as possible.

Your investment strategy

Account name Investment
CSCri Standard income stream Invests 100% in CSCri Aggressive, which has a targeted return of CPI + 4% per year after fees and tax, over a 10-year period.

Your income drawdown strategy

Your income drawdown is the specific percentage of your retirement account balance that you’ll receive each year as an income stream. The income drawdown strategy changes over the years in line with the strategy for the profile. To work out what your yearly income will be based on the drawdown strategy:

How you’ll receive your retirement income

When you set up a CSCri account, you can choose how often you’d like to receive income stream payments. Choose from fortnightly, monthly, quarterly, half-yearly or yearly. You can change the frequency and make lump sum withdrawals from your CSCri account at any time.

Forecast your numbers or apply for a profile

Try it out. Enter your numbers to forecast how well Profile 5 may suit you, then follow the steps to apply.

Model Profile 5 Apply for Profile 5

How to model your profile

Our PSSap Retirement Modeller video explains how to enter your personal, work and financial information, select the profile number you want to model and view the results.

CSCri and CSC Retirement Profiles are not currently available to ADF customers. CSC is working with relevant Australian Government departments to enable CSC to offer an account-based pension product such as CSCri to our ADF customers where possible. For more information read our CSC retirement income strategy.

Summary

Our super at retirement is from $360K–$700K

Our retirement savings goals

When it comes to super in retirement, we rank our goals in this order:

  1. Income maximisation
  2. Flexible access
  3. Income stability

Key takeaway

We’ll invest in CSCri Aggressive (high risk, high return) to maximise income over time.

Explore our Retirement guides and workbook

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Product Disclosure Statement

The PDS provides important information about the fees, benefits, risk and cost of investing your super.

Read the article: Product Disclosure Statement