Superannuation Discussion + market volatility

[CaptJCool]

Last time I saw this was 2018
This updated to 2024 figures

https://mybrand.schroders.com/m/66b5440799ad9aa/original/Multi-Asset-annual-returns-Poster-2025.pdf

 

[QF WP]

Have always used the Schroders wall chart above as well @CaptJCool

 

[CaptJCool]

Have always used the Schroders wall chart above as well @CaptJCool

Yes yes
That you shared back in ‘18

It’s a beauty

 

[QF WP]

Time in the markets, not timing. Never about taking risk, rather managing the relevant risks of each asset in the portfolio.

 

[JohnK]

Apologies, I am not asking for free advice just thoughts. If I am not mistaken I can set up free meeting with ANZ super.

I am now 62 years old and want to transfer around $250,000 into a TTR. I believe the fund earnings are taxed at 15% but if I withdraw 10% a year as regular income stream there is no tax even though I am working?

Plans are to keep working until at least 70 years old but the TTR can help me reduce some of my debt which is hurting. At the same time I can increase my regular super savings to ~$30,000 saving some income tax as well?

Thoughts?

 

[Jacques Vert]

Apologies, I am not asking for free advice just thoughts. If I am not mistaken I can set up free meeting with ANZ super.

I am now 62 years old and want to transfer around $250,000 into a TTR. I believe the fund earnings are taxed at 15% but if I withdraw 10% a year as regular income stream there is no tax even though I am working?

Plans are to keep working until at least 70 years old but the TTR can help me reduce some of my debt which is hurting. At the same time I can increase my regular super savings to ~$30,000 saving some income tax as well?

Thoughts?

As a general comment it's a plan worth looking into further but I won't comment on the tax side as I'm not qualified and haven't looked at it recently. These things change often.

I would suggest you talk to a number of advisers . Some are better than I others and many will give an initial free consultation . I spoke to many and eventually came across a guy who was head and shoulders above all the rest.

Take the next few years learning all you can about tax, super and retirement. Easier to make good decisions when you are not under time pressure.