Income stream drawdown options
Drawdowns from an AvSuper income stream can be made from any or all investment options you are invested in.
You can choose which options your money is withdrawn from, using one of the following three approaches.
You can choose to drawdown from the options in the same proportions as your money is invested in those options. So if you have money invested 30% in Cash, 20% on Balanced Growth and 50% in Growth then your money will be withdrawn in the same proportions.
You can choose to have your money withdrawn from the options according to a set order; that is, money will be withdrawn from option 1 until it is at $0 then from option 2 until it reaches $0 and so on. You can readjust your investments periodically so that option 1 does not reach $0 of course.
This is often the option we recommend as withdrawing from the Cash investment option does not realise any losses if markets are performing poorly – please read about Income Stream investment strategies for further explanations.
The third option is to allocate a percentage to be withdrawn from each option you are invested in. While similar to matching your mic, this means you can withdraw differently to your investment allocations.