Should You Be Considering A Super Contribution Strategy As A Tax Planning Measure In Your 30s And 40s? The Holistic Accountant podcast

Content provided by Stuart Wemyss & Mena Abraham, Stuart Wemyss, and Mena Abraham. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stuart Wemyss & Mena Abraham, Stuart Wemyss, and Mena Abraham or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

The Holistic Accountant »
Should you be considering a super contribution strategy as a tax planning measure in your 30s and 40s?

21h ago 10:19

MP3•Episode home

Send us a text

In this episode, Mena and Stuart explore whether making additional super contributions in your 30s and 40s is a smart tax planning move or a potential limitation on your financial flexibility. They break down the compelling benefits of contributing extra to your superannuation, including tax savings of up to 30% for high earners, the power of compounding over decades, and the ability to carry forward unused concessional caps for strategic top-ups. They also highlight super splitting with a spouse as a savvy way to equalise balances and improve future retirement outcomes.

However, it’s not all upside. The duo cautions that superannuation is illiquid; once it’s in, you can’t touch it until retirement age. They discuss how locking away funds could limit options for home upgrades, education, or business ventures. Listeners will also hear about alternative strategies, such as reducing debt or investing outside super, which may better align with medium-term goals.

Mena and Stuart advocate for a balanced, personalised approach: combining long-term super growth with short-term flexibility. If you’re juggling competing priorities like career, kids, or property, this episode offers timely insights and a strong case for seeking quality financial advice.

If this episode resonated with you, please leave a rating on your favourite podcast platform. It helps us reach more incredible listeners like you. Thank you for being a part of the journey!
Click here to subscribe to our weekly email.
SPECIAL OFFER: Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog here.
Work with Mena & Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website.
Follow us: Stuart: Twitter/X and LinkedIn. Mena: LinkedIn
IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

133 episodes

#Entrepreneur #Business #Stuart Wemyss & Mena Abraham #Mena Abraham #Stuart Wemyss #Investing #Financial Advice #Property #Share #Tax #Borrowed #Wealth #Retirement #Super