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Develop hypothetical instances by using numbers

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The Australian Transition To Retirement income streams could provide benefits and advantages for both individuals who want to decrease their working hours, and those who want to remain to work in full time given that they have unused capacity in their concessional contributions cap. Explain in detail what Transition to Retirement incomes streams mean. Develop hypothetical instances by using numbers to demonstrate the advantages of Transition to Retirement for both of the work life strategies.

Reference no: EM132703459

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