What’s more at the end of the year, you’ve
boosted your super by $953. If you do this
for ten years, that’s potentially an extra
$9,530 for your retirement, simply by
managing your money in a different way.
What you need to know
The examples provided are illustrative only
and are not an estimate of the income you
will receive or fees and costs you will incur.
The examples are based on the following
assumptions:
Finding the right balance
A TtR strategy can be an effective way to
boost your super savings, but it also has
superannuation, taxation and social security
implications.
$35,000 p.a. concessional cap for
individuals aged 60 and over, and after
allowing Superannuation Guarantee
contributions of 9.25%, the concessional
cap is not exceeded.
Tax rates for 1 July 2013 have been
applied
Individual earns less than $300,000 pa
We can help you strike the right balance
and work out how to make your transition
to retirement.
To find out more about TtR strategies or
whether a TtR strategy may be suitable for
you, call us today on 07 4642 1179.
[1] http://www.ausstats.abs.gov.au
/ausstats/subscriber.nsf
/0/61A0264E827F59C4CA25768E00
2C8F72/$File
/62380_jul%202008%20to%20jun%2
02009.pdf
18