Wealth Creation Rules That Haven’t Changed
Description
Despite the ongoing noise around government tax changes and social media negativity, two core fundamentals of wealth creation remain unchanged. First, don't be afraid of capital gains. Making a capital gain means your investments are working, and paying tax on growth is a problem every investor should want to have. Second, superannuation remains the most effective tax structure available. Once you reach age 60 and enter pension mode, individuals can hold up to $2.1 million in superannuation completely tax-free, creating a tax-free pool of up to $4.2 million for a couple. While rules and governments inevitably change over time, superannuation continues to offer unmatched advantages for securing your financial future. General Advice Only. Robert Goudie is an Authorised Representative (No. 235974) of Consortium Private Wealth Pty (AFS Licence 495401).
Disclaimer || The information provided in this post is general in nature only and does not constitute personal financial advice. Robert Goudie is an Authorised Representative (No. 235974) of AFSL 495401.
The information provided in this article is general in nature only and does not constitute personal financial advice.