Since being instigated by the federal government, superannuation is the preferred way to save for your retirement and has a range of tax benefits that can make it particularly desirable for individuals looking to plan for their future wealth.
Superannuation is investment opportunity that is an effective way to build wealth due to the attractive tax rates and return based on your level of risk.
Superannuation benefits are restricted so that they cannot be accessed until the owner reaches preservation & retires, which allows for a tax effective and sustainable wealth opportunity, which will provide a valuable pool of savings in retirement.
To find out more about optimising your superannuation or to create a personal super plan to maximise your savings, speak with the team from Private Wealth Planning today.
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