Superannuation Planning:

Superannuation is a retirement savings system introduced in Australia in its initial phase in the 1980’s and expanded substantially in the 1990’s. Often, contributions made into a superannuation fund come from the owner’s employer via compulsory employer contributions. Contributions are usually 9% of the individual’s income as required by law. Superannuation planning is focused on making the most out of your superannuation. Most Sydney Financial Planners consider superannuation planning to be a critical part of any wealth creation strategy.

Superannuation is currently the average Australians’ largest investment asset at retirement, outside of the family home. Unfortunately, many Australians are still retiring with less than 3 years of income to support themselves before being forced to rely solely on the old age pension. This leaves a giant burden for Australian tax payers.

The average Australian has their superannuation funds distributed amongst three providers – sometimes meaning three times the amount of account maintenance fees. Furthermore, most people little or limited knowledge about how their superannuation is being invested, what their current risk profile is and how much return they are receiving on their superannuation each year.

At Navado Financial Advisors, we review all your superannuation funds and provide recommendations as to:

• Consolidating your superannuation
• Risk and investment profiles that are suitable for your set of circumstances
• Salary sacrificing to build and increase your superannuation wealth
• Investment strategies
• Different superannuation providers and products on the market
• Insurance and tax benefits obtainable through your superannuation
• The viability and suitability of a Self Managed Super Fund (SMSF)

Our Financial Advisors work in cohort with Chartered Accountants, Tax and SMSF Lawyers and Mortgage Brokers. With a multi-disciplinary team offering a total service, Navado provides its clients with a unique chance to take advantage of expertise and skill across an array of professional areas. Call us today and arrange a meeting with our professionals. For more information, explore our website or contact our office on (02) 9233 4048.

Navado Financial Advisors Pty Ltd is a Corporate Authorised Representative of Lifespan Financial Planning. A.B.N. 23 065 921 735. AFSL 229892. This webpage (and any material or wording appearing on this webpage) is provided for information only and constitutes general financial product advice. It does not take into account your objectives, financial situation or needs and you should therefore consider the appropriateness of the advice, in light of your own objectives, financial situation or needs before acting on this webpage.  When making decisions about any financial products you should obtain a copy of and consider the Product Disclosure Statement for that product before making any decision. Navado accepts no responsibility to any person who relies on the information provided on this website. We further refer you to our Disclaimer.