Building your Superannuation Balance
There are two types of contributions that can be made to your super account, concessional contributions and non-concessional contributions:
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There are two types of contributions that can be made to your super account, concessional contributions and non-concessional contributions:
Read MoreTopics: Superannuation, Retirement Planning, Wealth creation
Sam and Sally Smith have worked hard all their lives, paid their taxes and, now they have retired, they feel they are entitled to a full age pension.
Read MoreTopics: Superannuation
The title for the oldest Australian rests with Christina Cock who was 114 years, 148 days old when she died in 2002. While there aren’t many people who could claim to reach such a fine age, the 2015 Intergenerational Report tells us that Australians are living longer. This means that we all need to plan for more years in retirement than any previous generation.
Read MoreTopics: Superannuation
The last article in the series of super through the generations explains what to do to improve super balances in potentially the last decade before having to rely on it. It covers salary sacrificing, TTR, investment focus and insurance, and a recommendation to seek professional advice soon.
Read MoreTopics: Superannuation
This third article in the 4-part series on superannuation through the generations calculates how much will be needed for retirement in 20 years, how to increase the balance, salary sacrifice vs paying off mortgage, government contributions, and insurance through super.
Read MoreTopics: Superannuation