When the time comes to retire, it would be nice to feel confident that your life after work will be comfortable and that you’ll have the time and money to enjoy many things you weren’t able to do while working.
The Age Pension provides only a very basic retirement allowance that most people would find difficult to manage on. This is why it is so important to take control and set yourself up for your future now.
The Australian Government offers powerful tax incentives to encourage us to save for retirement throughout our working lives. For example:
* applies to taxed funds only, i.e. does not apply to untaxed funds such as the Commonwealth Government Super Scheme.
To calculate how much super you’ll need in retirement, you will need to know:
A professional financial adviser can help you answer these questions, explain the various options available to you, and provide advice on the best strategy for your situation.
At Aldus Financial Services Pty Ltd, we can provide advice on effective strategies to help build your super and work towards your retirement goals.
To find out how to maximise your potential returns from super, call 08 9472 0089 or email us.
The information (including taxation) in this website is general advice only and does not constitute personal advice. It has been prepared without taking into account any of your individual objectives, financial solutions or needs. Before acting on this advice you should consider the appropriateness of this advice, having regard for your own objectives, financial situation and needs. You should seek personal financial advice from a qualified financial adviser before acting on the advice. Please consider a Product Disclosure Statement before deciding whether to buy or keep a product.