The financial planning process isn’t just about your retirement. It’s also making sure that you get to realise your lifestyle potential along the way too.
When it comes to structuring the legal entity of the SMSF, all members are required to be involved in managing the fund and are responsible for complying with relevant super and tax laws. One way that legislation ensures a member’s involvement, is to stipulate that they will be connected as a trustee of the fund.
Embracing the gig economy means you’ll be primarily responsible for building your retirement nest egg. You’ll no longer enjoy the safety net of an employer’s superannuation contribution, and the comfortable retirement you had been planning, could be at risk.
Levels of volatility can vary so it’s important to understand that volatility is normal and there’s no need to panic. Understanding that volatility is a normal part of long-term investing in particular options can help to reduce your concern and worry.
What kind of risk taker are you? Your risk profile may help us tailor an investment strategy that helps you reach your lifestyle potential. We can even work out what sport and food you like! Click here to read more.
Been wondering whether you should choose interest only or principal & interest repayments on your home loan? Take a look here to see which one is best for you.
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