Do you wish you could boost your retirement savings, without reducing your income? Well, if you have reached preservation age (age 55) you may be able to set up a strategy that does just that. This is known as Transition to Retirement, and it involves drawing an income from your existing superannuation funds while maximising salary sacrifice contributions (pre-tax) from your employment income back into superannuation. Edsuplan Teacher Financial Services can help you discover if this strategy will work for you, and answer any questions you may have.
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