Retirement
Transition to Retirement
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.
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.
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.
From planning your retirement to managing your finances, our free service takes the stress out of achieving your financial goals. We offer our services Australia wide, so why not reach out to us today. Whether you’re looking to safeguard your future, attain financial stability, or live according to your preferences, we’re here to help. We’d love to hear from you.
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