Retirement should be a time of greater relaxation and enjoying the fruits of many years in the workforce. It is therefore very important to grow your wealth so that you have an income during retirement that can sustain your desired lifestyle.
Superannuation, for many people, is the best way to do this. The Government provides significant tax advantages to encourage us to save more through superannuation. This makes it more effective to save in super than outside super, enabling your savings to grow faster.
Our Financial Planning Manager, Vicki Dawson, discusses some of the superannuation issues that we frequently get asked about.