There’s no doubt about it, superannuation is an extremely tax effective savings platform that impacts significantly during your working and retired lifetime. Legally all employers must contribute a fixed percentage of the pre-tax income to a super fund, which in essence means, an enforced savings plan for you.
There’s a few important turning points to consider over the course of your lifetime when it comes to Superannuation.
There’s many super funds to choose from, each offering different rates, fees and investment solutions. But don’t worry, we can cut through all the marketing hype and fine print to find the right fund for you.
Your main priority is finding the right fund and making sure it’s set up correctly to maximise the benefits.
Now that your fund is set up, you have time on your side to watch your super grow. It’s called interest on interest.
This is a critical time. Now is the time to consider your retirement years and how to accumulate the required funds within the cap limits.
Ethica Private Wealth Specialists can help you to accumulate wealth, protect it and enjoy it!
Check in with Ethica Private Wealth Specialists for your FREE Financial Assessment Session where we will discuss ideas on how you could improve your financial outlook.