MARKET AND ECONOMIC OVERVIEW Australia · Various data releases in November disappointed investors and suggested overall economic conditions remain subdued. · Inflation data, for example, was lower than anticipated. This release was followed by uninspiring wage data for the September quarter. In spite of a rise in the minimum wage on 1 July, wages have […]
Retirement Planning Specialists
Welcome to Retire on Track
Retire on Track is a boutique financial advisory practice providing specialist retirement planning and estate planning advice. We’re focused on making it easier for Australians to enjoy a comfortable quality of life in retirement and to ensure that your dependents are well looked after.
Planning for a comfortable retirement can be a complicated and challenging affair, however with the right guidance and advice you can look forward to your retirement years with confidence. This is where Principal Adviser Matt Hempel can help.
Matt has over ten years’ experience within the financial advisory profession and has helped many people from all walks of life make the transition into a comfortable retirement. Matt understands the complexities of superannuation, taxation and Centrelink, and can help you to make the right decisions about your financial future.
Contributions can play an essential role in a self-managed superannuation fund (SMSF). Your SMSF contributions can be made in two ways – either by cash or an asset (known in the trade as ‘in specie’ contribution). Typically, your SMSF can accept: · employer contributions · personal contributions · salary sacrifice contributions · super co-contributions · […]
Are you dreaming about an earlier retirement, but unsure how to go about it? According to the Australian Bureau of Statistics, 40 per cent of Aussie men and 35 per cent of Aussie women are planning to work past age 70 because they are worried about their ‘financial security’ in retirement. But what if your […]
By contributing into your super, you can reduce the amount of tax you pay while adding to your future retirement income. What is salary sacrifice? Put simply, salary sacrifice is where you pay a portion of your pre-tax salary or wages as an additional contribution to your superannuation account. How does it benefit you? When […]