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Liam Shorte

šŸ‘¤ Speaker
147 total appearances

Appearances Over Time

Podcast Appearances

The Money Puzzle
Budget fallout: Before you do anything, do thisĀ 

Yeah, but what I'm worried about is if they need green support...

The Money Puzzle
Budget fallout: Before you do anything, do thisĀ 

to get the budget through that they're going to ask for things like the LRBAs, the borrowing through super to be, they've been trying to get rid of that for years.

The Money Puzzle
Budget fallout: Before you do anything, do thisĀ 

So I'm saying play the little story at the moment, but it really is a case of people need to, with their super, get their contributions in, get the spouse contribution in, get the super splitting done, top up to your 30,000,

The Money Puzzle
Budget fallout: Before you do anything, do thisĀ 

Next year, that goes up to 32,500, James.

The Money Puzzle
Budget fallout: Before you do anything, do thisĀ 

So there's a lot of space.

The Money Puzzle
Budget fallout: Before you do anything, do thisĀ 

Look at your unused for the last five years.

The Money Puzzle
Budget fallout: Before you do anything, do thisĀ 

And really, if you're anywhere 55 plus, you should be really looking at pumping that super up.

The Money Puzzle
Budget fallout: Before you do anything, do thisĀ 

And one of the main things you need to understand now, do your research before you get to 60.

The Money Puzzle
Budget fallout: Before you do anything, do thisĀ 

It's so important to try and get into pension phase as early after 60 as possible.

The Money Puzzle
Budget fallout: Before you do anything, do thisĀ 

And that means meeting a condition of release.

The Money Puzzle
Budget fallout: Before you do anything, do thisĀ 

So I keep on telling this one to people, but it's

The Money Puzzle
Budget fallout: Before you do anything, do thisĀ 

leaving any one employer after 60.

The Money Puzzle
Budget fallout: Before you do anything, do thisĀ 

So you can have your main job, start up a second sideline job, a sideline hustle, do Uber or work at the election booths.

The Money Puzzle
Budget fallout: Before you do anything, do thisĀ 

I have people who invigilated exams at the schools and universities.

The Money Puzzle
Budget fallout: Before you do anything, do thisĀ 

Yeah.

The Money Puzzle
Budget fallout: Before you do anything, do thisĀ 

Once you finish that job, you've met a condition of release.

The Money Puzzle
Budget fallout: Before you do anything, do thisĀ 

So you could still be doing your main job.

The Money Puzzle
Budget fallout: Before you do anything, do thisĀ 

That means you're getting your super into pension phase five to seven years earlier than you normally would.

The Money Puzzle
Budget fallout: Before you do anything, do thisĀ 

All of these are going to become so much more important because of these changes to tax.

The Money Puzzle
Budget fallout: Before you do anything, do thisĀ 

Yeah, from the 1st of July.