Luke Laretive and Dylan Pargiter-Green covers a range of financial strategies, investment tips, and insights into superannuation, with a particular focus on how it impacts women and families.
We zero in on strategies to boost superannuation before retirement, as well as the unique challenges faced by women in 2024 regarding superannuation, family planning, and the impact of the gender pay gap.
Gender Pay Gap and Financial Planning for Women
- the gender pay gap report in Australia, emphasising its implications for financial planning, especially for women.
- How women balancing career and family life can manage superannuation contributions and maintain their career trajectory.
Market Update
- Recent performance of the ASX200 and specific sectors like resources and lithium, plus insights into commodity prices and investment opportunities in renewable resources.
Importance of Early Superannuation Contributions
- Compound benefits of early superannuation contributions, even in small amounts. Particularly the importance for young people and women, who might take career breaks for family reasons.
Spousal Contributions
- Spousal contributions to superannuation, including the tax benefits and government co-contributions. How couples can strategically plan their superannuation contributions to maximise their retirement savings.
Strategies for High-Income Earners
- For those with higher incomes or superannuation balances, we discuss ways to reduce taxable income and optimise superannuation benefits, including the use of the transfer balance cap and concessional contributions.
Legislative Changes and Impact on High-Balance Super Accounts
- Recent legislative changes affecting individuals with superannuation balances over $3 million, focusing on the implications of taxing unrealised capital gains and strategies to mitigate the impact.
Planning for Retirement
- Advice for individuals transitioning to retirement, highlighting the importance of making informed decisions about superannuation contributions, investment strategies, and understanding the impact of government entitlements and taxation.
General Advice Warning: This podcast is intended and contains general information on financial strategies, investments, and products only. Whilst Luke and Dylan are both licensed Financial Advisors, we don’t know your personal circumstances, goals or objectives.
We highly recommend that you reach out to your Financial Advisor or investment professional to discuss any of the topics we have covered today before taking action.
Our full disclosure, copies of our financial services guides and additional information about Seneca Financial Solutions and Bold Wealth can be found below:
https://senecafs.com.au/
https://www.boldwealth.com.au/
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