Everyone needs financial planning...EVERYONE! In particular those aged 55+ are most at risk, since you are running out of time. This legislation can assist you to model the benefits you could achieve in terms of tax savings, and additional retirement capital by taking up Transition to Retirement.
Try a few scenarios and see the difference can be had in terms of projected retirement savings balance if you take up salary sacrifice for instance. Also use the optimisation tool to minimise tax. This may not give you the highest Superannuation ending balance, however we all want to save tax.
This is a unique strategy and with an ageing population and rapid fire changes to Superannuation who doesnt want a leg up from the government? Saving tax is paramount to most people as is the desire to build wealth. This app can get you started on both.
Arent you entitled to an above average retirement?
Go ahead give it a try. If you run into issues the friendly team at P3 Financial Planning are here to help you achieve Financial Success.