Financial dilemma, advice needed
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whowasthatmaskedman · 70-79, M
OK.. You are in the right country and the right situation for me to be able to help..
The short answer is any money you wont need until retirement should go into Super from now on..Also be sure your super plan is NOT set for high growth now, but a more conservative or balanced setting. This investment will give you a way better tax break than any bank deposit, or term deposit and will be managed. I make the following assumptions: That you are in a not for profit superfund, like Hesta, Host Plus, REST or one of the others..And that when you reach retirment age you will want some of the benefits of a Centrelink Pensioner benefit..I strongly suggest you message me privately for fine tuning and to clear up anything else..😷
The short answer is any money you wont need until retirement should go into Super from now on..Also be sure your super plan is NOT set for high growth now, but a more conservative or balanced setting. This investment will give you a way better tax break than any bank deposit, or term deposit and will be managed. I make the following assumptions: That you are in a not for profit superfund, like Hesta, Host Plus, REST or one of the others..And that when you reach retirment age you will want some of the benefits of a Centrelink Pensioner benefit..I strongly suggest you message me privately for fine tuning and to clear up anything else..😷
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