Struthers Financial

Your super is one of the biggest assets you’ll accumulate in your lifetime.

A super health check consists of 5 simple things to help you manage your super, understand your entitlements and make better choices for when you retire.

Many Australians were fortunate to lock in record-low interest rates but this may be drawing to an end.

A large portion of mortgages will be approaching the end of their fixed term, leaving many households paying two to three times their current fixed rate.

In this article, we’ll explain what to expect when your fixed interest rate ends and how to prepare for it.

https://struthersfinancial.com.au/resources/blogs-articles/news-item?cast=4b921d18-647d-42ba-bb0d-7fbbbeb753d9

If you’re over 55 and looking to boost your retirement savings, you may be eligible to make a super contribution of up to $300,000 from the sale proceeds of your primary residence.

On 1 January 2023, the age when eligible Australians qualify to make downsizer contributions was reduced from 60 to 55. For those who qualify, it can be an opportunity to top up your super balance to capture potential tax-exempt future investment returns when you turn 60 and may be eligible to commence a retirement phase income stream.

Click on the link to read more

https://struthersfinancial.com.au/resources/blogs-articles/news-item?cast=fc853785-707a-47ba-9104-30b502fbee52