Association of Superannuation Funds of Australia

Saying the plan to double the tax rate on super balance amounts exceeding $3 million will improve the sustainability of Australia’s retirement system, the peak industry body nonetheless called for careful retooling of aspects that it says could lead to inequity.

Many people dream of achieving financial freedom and retiring early without realising that, with the right strategy, that could be their reality. Semi-retirement frees people to work less while progressing towards their financial goals, which may take less time than many expect, writes adviser Helen Nan.