Superannuation and self managed funds
How much money will you need in superannuation when you retire?
Most Australians don’t give superannuation much thought until they’re nearing retirement. This means the average Australian is retiring today with no more than $90,000 in super – a long way short of estimates of between $500,000 and $1 million required for those wanting to live a comfortable life in retirement.
Superannuation is your money – it’s your income in retirement – and Davenports Financial Solutions can help with the advice and support you need to make sure your retirement is financially comfortable. Whether you’re just entering the workforce, nearing retirement or already retired, we can provide advice and services to ensure your money works for you.
Our comprehensive superannuation advice, assistance and service includes:
- The government’s co-contribution scheme
- Tax issues relating to superannuation
- Transitioning to retirement and pension plans
- Assistance with administration of self managed superannuation funds
- How to utilise self managed superannuation funds for wealth creation
- Tax planning for self managed superannuation funds
- Accounting and administration of superannuation funds
- Auditing of superannuation funds
Contact Davenports to find out how we can help you maximise the benefits of superannuation.
The Australian Taxation Office’s (ATO) superannuation website is a great resource for people looking for more information on superannuation.
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