Why Super Should Come FIRST

Superannuation should always be the first priority when building wealth, especially as retirement approaches, because pension income in super can become completely tax-free.
After maximising super contributions, individuals can use personal tax thresholds and lower marginal tax rates to structure income efficiently. Companies and family trusts may also be useful investment structures, as companies can retain profits and capital gains at a flat 25% tax rate instead of distributing income immediately.
The key message is to work closely with an accountant and choose the right structure based on your income, investments, and long-term financial goals.

General Advice Only
Robert Goudie is an Authorised Representative (No. 235974) of Consortium Private Wealth Pty (AFS Licence 495401)

#Superannuation #RetirementPlanning #WealthBuilding #TaxStrategies #FinancialPlanning