#4: When do I really need to start planning for retirement?

For those wishing to retire early, there may be wealth accumulation strategies which can help to fast track your approach to building investment assets, generate income and have potential tax advantages.

Ideally, your retirement planning should include a range of strategies including those that create passive income streams outside of super, explore opportunities for salary sacrificing and other tax concessions and boost your superannuation by making the most of your contribution caps. It’s also important to identify the superannuation vehicle that’s appropriate for your need for flexibility, particular investment choices, insurance cover and estate planning requirements.

If you would like further advice about retirement planning, I encourage you to contact our office on 07 3720 1299 or email admin@wealthfundamentals.com.au

Lane Moses Pty Ltd ABN 56 092 186 117 trading as Wealth Fundamentals and its advisers are Authorised Representatives of Fortnum Private Wealth Ltd ABN 54 139 889 535 AFSL 357306.

This is general advice only and does not take into account your objectives, financial situation or needs, so you should consider whether the advice is relevant to your personal circumstances. You should also read the relevant Product Disclosure Statements (PDS) before making any financial decisions.

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