In addition to being able to reduce your working hours while maintaining a steady income, a TTR strategy can have significant tax advantages as it can allow you to be taxed at a lower marginal rate.
A strategy many adopt is to receive part of their income at a lower tax rate, while salary sacrificing part of their income to their superannuation fund. The salary sacrificed contribution is invested in pre-tax or gross dollars, while the only tax payable is contributions tax, currently 15 per cent paid by the super fund.
A TTR strategy that works for one person might not work for another. Seeking professional advice is crucial to making informed decisions about your retirement strategy. At Financial Spectrum, we can help tailor your TTR strategy to your individual circumstances, ensuring it aligns with your retirement goals and complies with all regulations.
At Financial Spectrum we take the time to get to know you and assess your financial goals, risk tolerance, income needs, and retirement aspirations.
We’ll map out a strategy to maximise your super, consider more conservative investment strategies to reduce portfolio losses and use modelling to anticipate your capacity to live your best life through retirement. Importantly, our commitment doesn’t stop there. As your needs evolve over time, we continually monitor and refine your TTR strategy to ensure it remains optimised for your changing circumstances.
We’re so confident about creating value for you quickly, that we guarantee it with a 100% money-back guarantee.
Find out how with your free strategy session.
We’re so confident about creating value for you quickly, that we guarantee it with a 100% money-back guarantee.
Book a complimentary financial strategy session.
Financial Spectrum Pty Ltd,
ABN 65 164 212 524
Corporate Authorised Representative of Climb Wealth Pty Ltd, Licence 409424
The Information provided is general in nature only and does not constitute personal financial advice. The information has been prepared without taking into account your personal objectives, financial situation or needs. Before acting on any information presented you should consider the appropriateness of the information having regard to your objectives, financial situation and needs. We highly recommend you seek professional advice to check how the information relates to your unique circumstances. Financial Spectrum is not liable for any loss caused, whether due to negligence or otherwise, arising from the use of, or reliance on, the information provided.
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