The problems with super, what you need to know now
An entire industry has grown around telling you how poor you will be in retirement. As if we need reminding.
In 2007 the Australian Government made it possible for everyday Australians to borrow money to buy property in their SMSF.
Before setting out on this journey you must ask yourself 2 simple questions as everyone's goals will differ and each of us is in a unique financial position.
1. Are you looking to control your Super Fund Investments?
2. Are you looking for a low cost Self-Managed Superannuation Fund Solution?
If you have answered "YES" to the above questions, purchasing a property with SMSF might be a good start for building the foundation to your retirement wealth.
Nick is a result driven presenter and mentoring expert who specialises in investment techniques, finance and economics topics with a high degree of personal development and motivation woven through each of his presentations.
His focus is strategic partnerships with clients, helping them pay off their homes (and investment properties) in record time, minimising their tax liability and reducing debt to build wealth faster and retire on a comfortable and self funded income.
I have been working with MRD for about 7 years and have made 3 purchases through them. From the start, Nick has said to me, “We’re not here to make a quick sale and move on.” MRD are here to educate you and advise you. There’s no pressure to act a minute or a day before you’re ready. They’re there for you.
Joe S. - New South Wales
I have been working with MRD for 4 years now and have bought 3 properties through them. MRD came highly recommended by a friend who had been dealing with them. MRD is a one-stop-shop and their personalised service is key to what they do.
Val F. - South Australia
One of the greatest benefits of working with MRD is knowing that we are working towards being in a better position when the time comes to retire. MRD have opened our eyes to the bigger picture and I am now recommending MRD to both family and friends.
Carlos L - VIC
* Assumptions used in this example:
Home purchased in 2000 for $200,000
Home value in 2008 is $400,000
2008 - $400,000
2010 - $475,000
2012 - $565,000
2014 - $670,000
2016 - $795,000
Average growth rate of 9% per annum for all properties purchased.
Doubling cycle of 8 years
Please note that this is a hypothetical example based on historical data intended to demonstrate the power of compounding and the cost of procrastination. It is in no way a prediction of the future or guarantee of future investment outcomes.