For many working Australians, superannuation can be an effective way to secure their financial future in retirement. It’s important to regularly review your superannuation fund and level of contributions to ensure your fund is on track to help you reach your retirement goals. The more extensive your goals, the more super you’re likely to need to provide sufficient retirement income, so it’s important to know what opportunities you should be taking advantage of. You may be eligible for other benefits, such as the government co-contribution or a tax rebate when making contributions to your spouse’s super. You may even be able to save tax by paying for your life insurance through your super. Some people find it difficult to know how much to contribute to super apart from the current employer sponsored superannuation level of 9% (this is proposed to gradually increase to 12% pending legislation). There is no right or wrong amount but there are contribution caps (as required by legislation) which limit how much you can contribute each year. If you own a small or medium-sized business, we can advise you on how to structure a corporate super plan that takes into account any salary packaging requirements and remuneration programs.

Let us help you understand your financial goals, wants & needs to come up with a financial plan that will set your future up on the right pathway today.