by Investment Plus Accounting Group | Dec 2, 2024 | Retirement Planning, salary sacrifice, SMSF, Superannuation, Wealth Planning
Salary sacrificing into superannuation involves directing a portion of your pre-tax income into your super fund. This can help you boost your retirement savings while potentially reducing your tax liability. If you’re considering this strategy, here’s a...
by Investment Plus Accounting Group | Nov 18, 2024 | Investments, Property Investment, Property Investment Tips, Retirement Planning, Shares, Wealth Creation
In recent years, the term passive income has become a buzzword, often associated with easy money and financial freedom. But what exactly is passive income, and how can you use it to build wealth? At its core, passive income is the idea of earning money with minimal...
by Peter Ristevski | Jul 2, 2024 | Retirement Planning, SMSF, Superannuation
SMSF capital gains tax can vary significantly based on how your SMSF is structured and how long the asset being sold was owned. By understanding the application of SMSF capital gains tax, you can manage the sale of assets within your SMSF in a way that minimises tax –...
by Peter Ristevski | May 27, 2024 | Retirement Planning, SMSF, Superannuation
Superannuation is a crucial part of your retirement planning in Australia, and ensuring your super is on track can significantly impact your financial future. An annual checkup of your superannuation account helps you stay informed, make necessary adjustments, and...
by Peter Ristevski | May 27, 2024 | Retirement Planning
Planning for retirement can be daunting, especially when trying to determine how much money you will need to live comfortably. In Australia, several factors influence the amount required, including lifestyle preferences, healthcare costs, and life expectancy. Find out...
by Peter Ristevski | Feb 29, 2024 | Financial Planning, How To, Retirement Planning
As you approach the milestone of retirement, the question of financial security becomes increasingly paramount. With careful retirement planning and strategic decision-making, you can position yourself to retire richer and enjoy your golden years. What does it mean to...