Implementing a transition-to-retirement strategy can have tax advantages. Such a strategy typically includes salary sacrificing while obtaining a pension during a person's final years in the workforce. However, Julian Battistella of Wilson HTM warns that in certain cases the benefits of such a strategy may be very modest, and it may not be suitable for all workers who are nearing retirement. Portfolio Planning Solutions' Peter Crump agrees that such a strategy may not be appropriate for all workers.
|
