A friend wants to do transition to retirement and cut back from 5 to 3 days a week. She needs to know the figures to see if this is a viable option as she's 63 and still cant retire untill she's 66. who do we see who can give us the figures and i'm talking about taking out an income stream and doing salary sacrifice back into super, need to know how much tax she will pay and what will be her take home pay if doing 3 days?
Thanks for your question.
Your friend will need to speak with a Financial Planner about this and whilst financial planning is not my area of expertise, I can certainly point you in the right direction and provide a qualified, professional and trusted contact based in Norwood.
Please feel free to contact me direct and I can provide you with some details.