Super savings for life’s luxuries as well as essentials

Article from insights.bt.com.au

Rice Warner analysis shows that the retirement savings gap for women of working age is currently at a staggering $383 billion. What this means is, that if you still want to shop til’ you drop after retirement, then it’s good to start maximising your super contributions now rather than later – even if life after work seems like a long way away.

Watch Jacqueline in the video below talk about how she plans to make her good retirement savings great, so she can still indulge her passion for beautiful shoes and other of life’s lovely luxuries.

https://www.youtube.com/watch?v=SbrUcC0i3Ho

Disclaimer: Superannuation is a long-term investment. The Government has set restrictions on when you can access your preserved benefits and caps on the amount you can add to super each year on a concessionally taxed basis. In addition, the Government has set a non-concessional contributions cap. For more detail, speak with a financial adviser or visit the ATO website. This information does not take into account your personal objectives, financial situation or needs and so you should consider its appropriateness having regard to these factors before acting on it.
Disclaimer
Past performance is not a reliable indicator of future performance. The information and any advice in this publication does not take into account your personal objectives, financial situation or needs and so you should consider its appropriateness having regard to these factors before acting on it. This article may contain material provided directly by third parties and is given in good faith and has been derived from sources believed to be reliable but has not been independently verified. It is important that your personal circumstances are taken into account before making any financial decision and we recommend you seek detailed and specific advice from a suitably qualified adviser before acting on any information or advice in this publication. Any taxation position described in this publication is general and should only be used as a guide. It does not constitute tax advice and is based on current laws and our interpretation. You should consult a registered tax agent for specific tax advice on your circumstances.