Your superannuation is an extremely important investment because it is likely to be your main source of income in retirement. Also, it is the most tax-effective way to save for retirement, so it pays to look after it.
Your employer’s compulsory 10% superannuation guarantee contributions from 1 July 2021 are unlikely to give you a comfortable retirement. But, if you start contributing more to your super now you can make more of your retirement later.
Super tax advantages
Superannuation is the most tax-effective way to save for your future. Your contributions are taxed at only 15% which is much lower than most peoples’ marginal tax rates.
How a financial planner can help you
A financial planner can help you:
- choose an appropriate super fund with the features you need
- select the appropriate investment mix depending on your risk profile and investment timeframe
- boost your super by making the most of the contributions limits, tax-benefits and government incentives
- transition your super to a pension once you retire.
Getting the right advice
Contact us to arrange a free, no-obligation initial consultation with Calm Wealth.
How we can help you
The information on this page has been provided by Consultum Financial Advisers (Consultum) ABN 65 006 373 995, AFSL No 230323. It is general advice only and has been prepared without taking into account your particular objectives, financial situation and needs. Before making an investment decision based on this information, you should assess your own circumstances or consult a financial planner. Examples are illustrative only and are subject to the assumptions and qualifications disclosed.
Credit Union SA may refer members to Calm Wealth Management Pty Ltd ABN 85 645 323 913 and its financial advisers, who are authorised representatives of Consultum. Consultum is part of the IOOF Group. Credit Union SA does not accept liability or responsibility for any acts, omissions or advice provided by Consultum or its authorised representatives.
Credit Union SA receives up to $1,500 from Consultum when members are referred to and obtain financial advice from authorised representatives of Consultum.