Superannuation is a very common Australian term, colloquially known as “super.” The word superannuation originated from the Latin word “superannuari,” meaning “to be too old.” A common misconception is that superannuation is only relevant when you are old. In reality, superannuation is a crucial topic to discuss many years before reaching that stage!
Here at Croeso Financial Advice, we believe superannuation is an exciting structure that offers amazing short-term benefits, like immediate tax savings, and provides the foundation for a secure and comfortable retirement. We promise to discuss retirement plans in a way you’ve never heard before, bringing your master plan to life with detailed and accurate modelling to assure you of the strategy’s viability.
We are not interested in just moving you from one product to another. Instead, we promise to help you maximise your retirement strategy, fully understanding the long-term benefits and risks of your chosen approach. We will help you understand an array of questions, such as:
- How much you will have at your chosen retirement date?
- How long your retirement savings will last during retirement?
- The consequence of one-off spends, like a Caravan purchase.
- How to use some of the funds to offset everyday expenses.
- How to invest your money in a way that provokes and engages you each year to build within the superannuation structure.