Superannuation Planning.
What will you have to show for a life of work? Whatever your current position and whatever your vision is for your own future, Metaplanners are able to help you plan a superannuation based wealth creation strategy that will help you to maximise the potential returns in your retirement years.
Generally speaking, superannuation is the ideal way to invest money for your retirement.
In its simplest form, superannuation is a method of enforced saving whereby money is regularly contributed by you and/or your employer to be invested for your retirement. Additionally, it is also able to serve as a form of insurance with many superannuation funds also paying specified benefits in the event of your death, or if an illness or accident means you are unable to work.
With superannuation, your retirement savings grow through regular payments which are invested at a concessional rate of tax. It is these tax concessions and other benefits that currently make superannuation one of the most beneficial of all long-term investments.
Contributions paid into a complying superannuation fund are typically invested in a range of ‘blue chip’ assets - such as property and shares – which maximise earning potential with minimal risk.
For the overwhelming majority of Australians, the key features of superannuation to bear in mind are:
- Under current Australian Federal Law, your employer must contribute 9% of your base earnings to your designated complying superannuation fund
- Funds from your superannuation account can, under most circmstances, only be accessed at retirement age
- Superannuation is generally taxed at a lower rate compared to other forms of investment.
Your circumstances, plans and dreams should be catered for though. From corporate, industry and retail funds through to the flexibility and ultimate control of a self managed superannuation fund; your Metaplanners consultant can help you to understand and make informed decisions about your superannuation options that will maximise your long term earning potential.
To discover how to put the investment power of superannuation to work for you, simply contact Metaplanners for an obligation free consultation.