Insights on Similar Topics

The number of self-managed super funds (SMSF) has grown sharply over the last few years.  And its in no small part because SMSF's can borrow to invest these days.

Like any investment theres risk.  Is the risk worth it?

One of the complaints I get from clients is that everything they do is taxed by the government. They go to work and loose a good percentage in tax. Put money in the bank and your interest is taxed.  Buy and sell an investment property and the gain on sale is taxed!

Given that the average age of business owners within Australia is currently 56, it is more likely that you will be a "Baby Boomer" business owner yourself.

This can pose a number of issues for you and your business.

What age is retirement age?

It seems that the answer for most people is the age that they can get the government aged pension, which stands at 65.