One of the fundamental concepts in the superannuation regime self-managed super fund (SMSF) trustees need to understand is the difference between salary sacrificing and making personal super contributions to a fund.
The rules have recently changed, which means more people can now make additional contributions to their super... |
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Much of the conversation about the superannuation reforms relates to reducing pension balances to a person's transfer balance cap, resetting the Capital Gains Tax (CGT) cost base for investments and making last minute contributions before the caps drop on 1 July 2017. This article covers a few urban myths that have developed among some trust... |
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There are all sorts of rules of thumb about saving for retirement. There's the 4% withdrawal rule. Another rule states you need to have saved 20-25x the annual income you want to spend in retirement. Then there's the one that says you'll need to replace 80% of your current income from your portfolio in retirement.
Rules of ... |
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Decisions around aged care are always difficult and emotional. From the start of next year they are likely to get even more complex, with both the Age Pension and aged care sectors set for another shake-up.
Currently, many people entering aged care choose to keep their former home and rent it out to help supplement their accomm... |
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This is the second in a two-part article series that examines the factors that contribute to building retirement savings.
Many factors have the potential to change retirement savings outcomes, each with varying degrees of influence. It's important for SMSF investors to understand how these variables work to help maximise retirement sa... |
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