Categories for Superannuation

Government Super Co-Contribution

April 28, 2022 2:21 pm Published by Leave your thoughts

As we approach the end of the tax year (June 2022) it’s time to start thinking about superannuation strategies that you can use to your advantage. The often forgotten but by far the biggest payoff exists for those in the lower to mid tax brackets (with income less than $57,016) with what I term a ‘free hit’ where you can receive up to a 50% return on your contribution.

Thinking of Retiring?

February 28, 2022 5:36 am Published by Leave your thoughts

If you have clicked the article to read more, then the answer is probably yes. For most this is one of, if not the biggest financial decision you will make. Australians retiring today can expect to live until their mid-80s. For retirees in early to mid-60s, that means finding a way to pay for a further 25+ years of life.

Super Changes Coming!

February 28, 2022 5:35 am Published by Leave your thoughts

Does anyone remember all the superannuation promises declared in the Federal Budget announcements in May last year? It feels like a lifetime ago, particularly when considering all the other events that have transpired between then and now.

The Power of Compound Growth and Why You Won’t Save Your Way to Retirement

January 24, 2022 3:05 pm Published by Leave your thoughts

We are often told in our working life to work smarter, not harder.  This often involves better managing your time, knowing what needs to be done and focusing on a high priority task so you can focus on one task at a time.  The same philosophy can be applied to investing: have a focused strategy, knowing the key to accumulating wealth is using your savings and surplus cashflow to invest growth assets and repeating the process over and over.