No your things from past generation will transfer over to new generation as soon as you put the disc in and login on the same account you used on last generation any further questions let me know
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Edited by Tom_cat_01: 6/25/2016 3:34:43 PMOkay cool, so if I transfer to PS4 in, say, October, I only lose the stuff I've done since August, because that's when the paths split, right? Bungie will save everything for me in August, and it'll be waiting for me in October? Phew. People have been telling me that if I don't transfer by August, I'll have to start again when I move to PS4. Many thanks.
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My pleasure
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This should help you also https://www.bungie.net/en/Forum/Post/207513213/0/0