Setting solid foundations for your future
While you may not plan to retire any time soon, preparing as early as possible pays off.
SMSF's are primarily formed to provide you with benefits upon retirement, therefore it is vital to obtain specific advice regarding your personal circumstances to ensure you are minimising tax and obtaining the maximum benefit while you are accumulating wealth.
With the recent government changes to contributions, it is critical to understand how increasing your wealth using superannuation can have a significant effect on your retirement.
Combining the benefits of low taxation rates and compounding returns means more funds to invest along your journey.
Whilst everyone's financial situation is a little different, the golden rule applies to all - the more money you are able to save now, the more wealth you will have on retirement.