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Fundamentals series #3: How much super do you need to retire comfortable? And how to maximise your balance

Investopoly

English - September 12, 2023 21:00 - 11 minutes - 7.95 MB - ★ - 1 rating
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Watch the presentation on YouTube here.

Link to the table regarding how long super will last. 

Are you feeling overwhelmed by the complexities of superannuation and its impact on your retirement planning? Fear not! We’re here to break down these financial intricacies, equipping you with the knowledge to retire comfortably. In this dialogue, we address the pressing concerns about fluctuating super rules and government control. We dissect the restrictions on contributions, including the nitty-gritty of concessional and non-concessional contributions and their tax implications, and the potential changes to the age of super access. 

Did you know that understanding your superannuation can be the difference between an okay retirement and a golden one? In the second half of our discussion, we delve into the multifaceted world of retirement funding. We give you the tools to calculate how much superannuation you'll need to maintain your lifestyle post-retirement, taking into account crucial factors such as your age. Additionally, we highlight the importance of diversifying your assets to supplement your superannuation and create a well-rounded financial padding for your retirement. This episode is your one-stop-shop for all things superannuation and retirement planning, so tune in and future-proof your finances!

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