“The Key to a Tax Free Income and Financial Security in Your Retirement”
You’ve worked hard all your life and deserve to enjoy your “golden days” happy and stress-free
Yes, we help you with your superannuation planning and retirement advice.
Superannuation is a fantastic way to build wealth rapidly in a low tax environment.
You can set up a pension, or create a self-managed superannuation fund (SMSF) to give you back the control of your own retirement monies and to help you get maximum leverage from your nest egg.
Not only that but we can help you create a…
Tax-Free Income at Retirement
Yes. You heard it right… superannuation can give you a tax-free income when you stop working.
The fact is, since 1 July 2007, the superannuation laws have radically changed in Australia. What this means is…
- Income you earn before you turn 60 is taxed at 15% (maybe 30%, depending on the situation, but usually 15%)
- Income you earn after age 60 is TAX-FREE if the fund pays pensions
With taxes that low you can fast track your wealth very quickly!
In fact, with careful planning, you can massively lower your tax by making tax deductible contributions to your superannuation fund (especially if you are in business), and use it to buy assets such as property, shares, trade options, or even own your business premises and rent it back to your business … and receive a tax-free income at retirement.
Which is why quality superannuation planning and retirement advice is critical to build wealth and ensure your future.
Take a look at these figures for example …
As the graph below shows, if you have (for example) a $100,000 investment earning an average return of 20% per annum, by investing through a SMSF, you can increase your wealth by a further347.51%as compared to investing in your own name, or putting it another way, a tax saving of 71.23%. Better in your pocket than the ATO’s!
As you can see, you can more than double your wealth simply by proper superannuation retirement planning.
Taking Back Control of your Retirement Through a Self-Managed Superannuation Fund
More and more Australians are moving towards a SMSF to fund their retirement in a tax effective way.
Let’s look at what an SMSF is, because there are a lot of myths about it.
A SMSF is a superannuation fund which you manage yourself.
You take control of your retirement monies, and decide where to invest them, rather than leaving it up to a fund manager. By doing this, you no longer depend on the conservative nature of many fund managers. And you don’t fall victim to the excessive fees they charge.
To find out more about SMSFs, and what they can and can’t do, read our frequently asked questions (FAQs) click here.
We can help you set you up a self-managed superannuation fund to take back control of your retirement monies.
We ensure it is set up to comply with the Tax Office rules so you don't run into problems down the track, as there are a lot of strict rules with a super fund (eg. the sole purpose test, in-house assets test, and the rule against using monies for personal use or borrowing) and the penalties can be severe if you break them.
For more information about setting up a SMSF, and if it is a good idea for you click here
What If I Already Have A Self-Managed Superannuation Fund?
If you already have a SMSF do not fall into the trap of thinking “it’s all taken care of”. You see your SMSF deed may no longer work for a number of reasons. For example:
- Due to changes to the law, your Deed may be out of date
- If you trade options, CFDs, futures, do internet marketing etc. you need to ensure your Deed allows you to do this
As a rule, any SMSF Deed set up 2007 or earlier will need to be amended.
So it pays to have your Deed checked out.
If your Deed falls into any of the above categories, you should talk to us further.
Click here to find out more about our super deed update services.
Click here for our Frequently Asked Questions
How do I get more information on Superannuation and SMSFs?
You can read our frequently asked questions (FAQs) on SMSFs, click here