Did you know that on the 1st of July 2024, you’ll be able to contribute more into your superannuation and take advantage of Australia’s best ‘tax shelter’? The reason for that is that superannuation contribution caps are increasing on the first day of the new financial year.
In this episode, Michael and Ali discuss the contribution caps and exactly how much they are increasing by, and how you can take advantage of this year’s as well as future years’ contribution caps.
For more information, please visit www.mo50.com.au
178 How much income can you draw from an extra $100,000 in retirement savings
177 Why you shouldn't fix your loan's interest rates
176 Your house is more like a car than a super fund
175 Why you probably need 1.1 cars in retirement and what to do about it
174 Brown M&M's (Why the little things are important)
173 Living on the Age Pension is better than being a king 500 years ago
172 Small Business CGT Concessions
171 How you should setup your own business in semi-retirement (Part 3)
170 Who should setup their own business in semi-retirement (Part 2)
169 Why you should setup your own business in semi-retirement (Part 1)
168 No one is raking up cash and setting fire to it
167 Setting up investments for the grandkids
166 The Dodge Ram index (overconfidence leads to overspending)
165 Changes to super contribution caps
164 Either save money or stop stressing about it
163 Ramsay's kitchen nightmares for retirees
162 Getting a good return is not a good retirement goal
161 The difference between a good accountant and a good financial adviser
160 Money spent is kinetic energy, money saved is potential energy
159 The most likely returns of the last 30 years
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