Self managed superannuation funds
How much money will you need in superannuation when you retire?
Most Australians don’t give superannuation planning much thought until they’re nearing retirement. The Australian Bureau of Statistics reports that the average Australian retires with no more than $90,000 in superannuation investments – 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 provides your income in retirement – and Davenports can help with advice and support 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 superannuation works for you.
Our friendly staff can provide comprehensive advice, assistance and service regarding the administration and taxation planning of self managed superannuation funds including:
- The government’s co-contribution scheme
- Tax issues relating to self managed superannuation funds
- 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 Melbourne-based accountants Davenports to find out how we can help you maximise the benefits of self managed superannuation funds.