What Is a Self-Funded Retirement — And How Do You Plan for It?

Using superannuation for retirement income

Estimated reading time: 4 minutes More Australians Are Planning to Self-Fund Their Retirement in Penrith For many Australians, the traditional retirement model involved relying heavily on the Age Pension. But as superannuation balances grow and financial awareness increases, more people are choosing — or needing — to self-fund their retirement in Penrith. So, what exactly […]

Division 296 Tax

Understanding Division 296 tax, the $3 million Superannuation Tax Estimated reading time: 2 minutes The Australian Government has proposed a new tax measure, known as Division 296 tax, or colloquially known as the $3 million Superannuation tax. It is aimed at modifying the tax treatment of superannuation balances exceeding $3 million. Set to commence on […]

What to do with an Inheritance?

Seeking inheritance advice in Penrith? Discover how MLS Financial’s expert planners can help you maximize your inheritance, manage taxes, and plan for your future.

What is Superannuation?

Using superannuation for retirement income

Understanding what superannuation is, the key benefits and disadvantages superannuation has.

Age Pension Indexation

What will my Age Pension Indexation be on 20 March 2024? | Retirement advice & Centrelink specialists | MLS Financial