Retirement Planning

Transition To Retirement
Retirement planning is a crucial aspect of financial planning, and at Madd Life, we offer comprehensive services to help you prepare for this important stage of life. 

#Retirement

Transition to Retirement (TTR) strategies

Transition to Retirement (TTR) strategies can help you gradually move into retirement while maintaining a form of income. For example, you might start working part-time and draw a partial pension from your superannuation to supplement your reduced salary. Our financial advisors can help you understand the rules and benefits of TTR strategies and determine if this approach is right for you.

This strategy can also be an effective tax-minimisation strategy that allows you to maximise the concessional contributions cap without reducing your take-home pay.

Here are 2 TTR strategies to build your super

Salary Sacrifice

Salary sacrificing into your superannuation is a strategy where you choose to have your employer pay part of your pre-tax salary into your super fund. This can be a tax-effective way to boost your superannuation savings. Our team can help you understand the potential benefits and drawbacks of salary sacrificing and help you decide if it’s a suitable strategy for your situation.

Super Catch-Up Revision

Super catch-up contributions allow you to contribute more to your super in certain circumstances, such as if you didn’t reach your contributions cap in previous years. This can be a way to significantly boost your superannuation savings. Our team can help you understand the rules around catch-up contributions and assist you in making the most of this opportunity.

Helpful Hint

If you’re over 55 and still working, you may be eligible to start a Transition to Retirement strategy. This could help you reduce tax, boost your super, or ease into part-time work, without compromising your income.

Let me know if you want an alternate version with a stronger focus on tax or retirement planning.

How Madd Life Can Help

Navigating the complexities of retirement planning can be tricky, but you don’t have to do it alone. At Madd Life, we can guide you through the process, helping you understand the benefits, risks, and requirements of this investment strategy.
Matt Prentice
Senior Financial Planner

Get A Free Assessment

Don’t stress about finding the best loan. We’ll handle it! Answer this quick question, and we’ll search our extensive network to find the ideal loan for you for free.

Ready to find the perfect home loan? Start with a free assessment.

Awesome! We’ll get right on this. Please fill out the form and the team will be in touch.

Your trusted partner in securing a home loan and refinance.

This includes:

Finding the best deal for you from over 30 Australian banks and lenders

Providing personalised advice with the best loan options for your needs

Helping you understand the process and what to do next

Ready to take control of your financial future? Start with a free assessment.

Awesome! We’ll get right on this. Please fill out the form and the team will be in touch.

Your trusted partner in creating a financial plan.

This includes:

Building a personalised financial plan aligned with your goals and lifestyle

Reviewing your super, insurance, and investments to maximise outcomes

Helping you stay on track with regular check-ins and future-focused guidance

Ready to find the perfect commercial loan? Start with a free assessment.

Awesome! We’ll get right on this. Please fill out the form and the team will be in touch.

Your trusted partner in securing a commercial loan.

This includes:

Finding the best deal for you from over 30 Australian banks and lenders

Providing personalised advice with the best loan options for your needs

Helping you understand the process and what to do next

Ready to find the perfect asset loan? Start with a free assessment.

Awesome! We’ll get right on this. Please fill out the form and the team will be in touch.

Your trusted partner in securing finance for vehicles and assets.

This includes:

Finding the best deal for you from over 30 Australian banks and lenders

Providing personalised advice with the best loan options for your needs

Helping you understand the process and what to do next