Pre-retirement Planning

The years leading up to your retirement are important ones, so it is wise to make the most of your opportunities. It can be a great time to channel your excess income into your debts, so that you are prepared for retirement.

There are tax effective ways to save more into your super, like salary sacrifice, or personal deductible contributions. If you can afford to top up your super, you might consider after tax contributions.

We can show you how you can gradually move into retirement by reducing your working hours and supplementing your income with your retirement savings. It is called a ‘transition to retirement’ strategy and it may save you tax and make your retirement more sustainable and enjoyable.