by Financially Sorted | Apr 1, 2024 | SMSF, Superannuation
How much will you and your family need in retirement? Although the projected growth in the pool of superannuation savings is certainly heading in the right direction, the harsh reality facing those not far off retirement is that they will have nowhere near enough to...
by Financially Sorted | Oct 1, 2023 | SMSF, Superannuation, Tax Returns
Are you looking for ways to increase your retirement savings and reduce your tax? If so then, you are in luck. There are several ways you can contribute to your super, depending on your personal circumstances. Here is one way you can grow your super and access tax...
by kirstyb | Aug 7, 2023 | Superannuation
In Australia, the age at which you can access your superannuation (retirement savings) depends on your “preservation age.” The preservation age is the minimum age at which you can access your superannuation, provided you have met a condition of release....
by kirstyb | May 22, 2023 | SMSF, Superannuation
Superannuation is an important part of retirement planning, and the earlier you start saving, the more time your money has to grow through compound interest and earnings. Many working aged people are asking themselves should I use my money to live, or. Should I leave...
by kirstyb | May 22, 2023 | SMSF, Superannuation
One question that often arises is when saving for your Superannuation is that can I access my Super before retirement? In general, you cannot access your superannuation before your preservation age unless you meet certain conditions of release. Your preservation age...
by kirstyb | May 22, 2023 | SMSF, Superannuation
At Financially Sorted, we understand that planning for the future is a crucial aspect of financial well-being. So, what happens to your super when you die? The treatment of your superannuation after your death depends on several factors, such as your age, the type of...
