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Retire in style checklist™

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If you’re a successful and Motivated business owner, and want to set yourself up for retirement, this guide would be perfect for you. My clients who follow these 3 simple steps live with comfort, security and the peace of mind that financial success brings.

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The Retirement Prosperity Guide™

Make sure you don’t miss out on the Retirement Prosperity Guide

If you’re a busy Professional and you feel like you’re not building your wealth fast enough and you want smarter ways to utilise your cash flow, this guide is perfect for you. Clients who have used our strategies have the peace-of-mind knowing they have a ‘game plan’ for financial abundance.

Lost super is lost money for young Australians

Posted on Aug 28, 2012 by CFL Financial

A report has found a large amount of the younger generation have lost superannuation accounts.

More than 60 per cent of Australians under the age of 40 may have lost or forgotten about money in super funds.  This figure is much higher than for those aged between 40 and 59 who are more likely to keep track of their super.

According to the report 54.5 per cent of those with lost super found the process to recover their money too difficult and/or time consuming. This could be due to an attitude of complacency amongst the young towards super.

Figures released by the Government announced recently that overall Australians are getting the message about super.  The figures show a 14 per cent fall to $17.4 billion from the previously reported total of $20.2 billion.

Lost member accounts have also recently improved, from 5 million to 3.6 million – a reduction of 28 per cent.

It is not just young people who are losing super accounts though, the report also found that 39.3 per cent of respondents under the age of 50 might not know if they had any unclaimed super.  This same group had no plans to chase up their lost super either.

While most younger Australians are probably not thinking about making plans for their retirement yet, experts advise that super will probably be the second biggest investment these young people will have.

Rolling all funds together now may make a big impact on their super investments down the track, and may mean a significant difference to their quality of life in the future.”

The report confirmed that there many lack enthusiasm for their retirement planning across all generation, and underlined the fact that most people underestimate how much super they will need to continue to live comfortable after retirement.

There are many avenues that will help individuals track down their lost super, and roll it into one fund, or even create a SMSF, which can be very beneficial, especially for investors or trustees.

Lost super is lost money for young Australians

Posted on Aug 28, 2012 by CFL Financial

A report has found a large amount of the younger generation have lost superannuation accounts.

More than 60 per cent of Australians under the age of 40 may have lost or forgotten about money in super funds.  This figure is much higher than for those aged between 40 and 59 who are more likely to keep track of their super.

According to the report 54.5 per cent of those with lost super found the process to recover their money too difficult and/or time consuming. This could be due to an attitude of complacency amongst the young towards super.

Figures released by the Government announced recently that overall Australians are getting the message about super.  The figures show a 14 per cent fall to $17.4 billion from the previously reported total of $20.2 billion.

Lost member accounts have also recently improved, from 5 million to 3.6 million – a reduction of 28 per cent.

It is not just young people who are losing super accounts though, the report also found that 39.3 per cent of respondents under the age of 50 might not know if they had any unclaimed super.  This same group had no plans to chase up their lost super either.

While most younger Australians are probably not thinking about making plans for their retirement yet, experts advise that super will probably be the second biggest investment these young people will have.

Rolling all funds together now may make a big impact on their super investments down the track, and may mean a significant difference to their quality of life in the future.”

The report confirmed that there many lack enthusiasm for their retirement planning across all generation, and underlined the fact that most people underestimate how much super they will need to continue to live comfortable after retirement.

There are many avenues that will help individuals track down their lost super, and roll it into one fund, or even create a SMSF, which can be very beneficial, especially for investors or trustees.

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Retirement-in style

Retire in style checklist™

There are a few reasons why Business Owners need a Retire In Style Checklist

If you’re a successful and Motivated business owner, and want to set yourself up for retirement, this guide would be perfect for you. My clients who follow these 3 simple steps live with comfort, security and the peace of mind that financial success brings.

Retirement-prosperity-thumbnail

The Retirement Prosperity Guide™

Make sure you don’t miss out on the Retirement Prosperity Guide

If you’re a busy Professional and you feel like you’re not building your wealth fast enough and you want smarter ways to utilise your cash flow, this guide is perfect for you. Clients who have used our strategies have the peace-of-mind knowing they have a ‘game plan’ for financial abundance.

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Email:
Phone: 07 3328 8988
Fax: 07 3328 8999

Office Location:
Level 9, 360 Queen Street
Brisbane
QLD 4000

Postal Address:
GPO Box 2468,
Brisbane,
QLD, 4001

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