Eligible individuals will be able to access up to $10,000 of their superannuation before 1 July 2020 and a further $10,000 from 1 July 2020 to late September (approximately 3 months). Any amount withdrawn from super is not subject to tax. For more information, you can read the Government’s Fact Sheet below.
You are at the life stage where you can use the assets you have accumulated already to maximise your wealth. You are close to the peak of your career, or have your own business, and now is the best time to make the most of what you have, and your current level of income.
- Review your risk profile
- Borrowing to invest
- Check adequacy of your insurance cover
- Review your will, and consider estate planning
- *Accessing your super
- *Take advantage of government benefits, if available