Episode 6 - Q&A Superannuation

Lionel and Matt discuss a few questions that Lionel was asked at the Caravan & Camping show at Rosehill Gardens. Lionel & Purpose Planning had a stall at the show, looking to impart some of his knowledge to attendees to support them on their journey. In the podcast, the boys discuss the financial benefits of superannuation, including strategies for maximizing concessional contributions, accessing super at retirement age, and the tax implications of different income sources. They also explored the complexities of retirement planning, the potential of superannuation as a tax-effective investment structure, and the importance of strategic financial planning for families. Lastly, they addressed the tax implications of superannuation benefits for dependent children and the use of the 'downsizer' contribution rule to contribute large sums of money into superannuation tax-free.Lionel O'Mally https://www.purposeplanning.com.au/https://bunniesmonies.com.au/Matthew McCabehttps://newcastleadvisors.com.au/https://newcastleadvisors.com.au/downsizers-australia/https://newcastleadvisors.com.au/claim-strong/ Hosted on Acast. See acast.com/privacy for more information.