Boost Your Superannuation
Boost your superannuation. In Australia, we have a compulsory superannuation system (Superannuation Guarantee Contribution), where your employer pays 9.5% of your income into your selected superannuation fund. However, for most of us, this isn’t going to be enough to have the retirement we imagined.
There are several ways you can boost your super without having to boost your income. The good news is many of these strategies are also tax-effective. Below we have outlined some suggestions and of course, a Camori Investments superannuation specialist is available to assist you with your individual situation.
- If you are on a lower income, make an after-tax contribution to your superannuation and reap the benefits of the Government’s Co-contribution scheme.
- If you are on an average or higher income, make a before-tax contribution to your super and take advantages of the tax benefits.
- You may be paying more fees than you need to be. Save on management and administration fees by consolidating your superannuation into one account. Check and see if you have any lost or unclaimed superannuation. Using the Find My Superannuation service, it won’t cost you anything and you could save.
- Invest in your retirement by making an extra contribution to your superannuation. You may have received a bonus, windfall or inheritance, so put some of that way for the future.
- Superannuation is constantly changing and it’s worth reviewing your existing fund regularly. One of the benefits of Camori Investments Managed Superannuation is that we are constantly working with you to ensure we are providing the best possible solutions for your situation. If you haven’t received a call from your super fund recently, it’s time to book a call with our superannuation specialists.
- Superannuation and investing can be complex in nature. For this reason it’s recommended that you speak to a superannuation specialist or financial advisor who can help you make the best decisions for you. By getting the right advice you can increase your chances of maximising your superannuation and having the money you dream about in your retirement. Speak with a Camori Investments Superannuation specialist
- One of the benefits of Camori Investments over the standard industry and retail funds is that we allow you more control over where your money is invested and hence can increase your potential for growth. By reviewing your investment mix you can ensure it matches your risk profile and goals for retirement.
Without having to sacrifice your salary you can still boost your superannuation. It really does pay to get the right advice now to ensure that you have the correct structures, investments and strategies in place for your individual goals and requirements.
Camori Investments offers both managed superannuation and self-managed superannuation options. Speak to our superannuation specialists and look forward to your perfect retirement.