Have you considered setting up a third Super Fund? With Stuart Wemyss
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast · Michael Yardney 894074
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Show Notes
We tend to talk a lot about property on this Podcast, but the aim of property investment is to give you the financial freedom that leads to Iife choices
The truth is that your superannuation balance is unlikely to be sufficient to cover your desired living expenses in retirement, and it's possible that by the time you choose to retire, the government will have changed the superannuation laws.
Today, I discuss superannuation funds with independent financial adviser Stuart Wemyss, director of Prosolution Private Clients, including the possibility of an additional stream of income that he calls a third super fund.
So prepare to ease your retirement fears, as we dive into the nuances of a third super fund and navigate the shifting government rules around superannuation.
We'll also examine what you might need to maintain your living standards in retirement, and the average super balance you should aim for at retirement.
As Stuart and I discuss today, your financial freedom in retirement may depend on thinking beyond the traditional super fund.
Links and Resources:
Stuart Wemyss – Prosolution Private Clients
Stuart's Book – Rules of the Lending Game & Investopoly
Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us
Shownotes plus more here: Have you considered setting up a third Super Fund? With Stuart Wemyss