It’s important to think about the future – whether it’s protecting your income and assets, boosting your superannuation, optimising your investments, or planning your retirement.
We spoke to Tony Dimitrovski, Senior Financial Planner from Commonwealth Financial Planning about how the average Aussie can boost their retirement income in 20 years.
“To boost your future retirement income, it’s important to put more money aside now,” Dimitrovski says.
“That includes diversifying investments, structuring assets to gain tax advantages, and enabling yourself to invest further.
“How much you earn from your salary and other investments will also shape when and how much you may want to contribute to your super. There are potential tax savings in putting extra into your super via salary sacrifice.”
A financial planner can help plan your financial future, starting with a simple conversation. Click here for more information.
Brought To You By Commonwealth Financial Planning.
This information has not considered your personal circumstances. You should consider talking to a financial planner before making any financial decision. Commonwealth Financial Planning is a wholly-owned, but non-guaranteed subsidiary of Commonwealth Bank of Australia. AFS License 231129.