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How Aussie couple boost retirement by $600,000 and cut tax by $18,000 in one year
['Sun September At Pm Gmt', 'Min Read']
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Pivot Wealth's Ben Nash said a few 'small-but-meaningful shifts' helped boost one Aussie couple's retirement assets and cut their tax bill.
(Source: Getty/Ben Nash)Kyle and Karen were a young couple in their late 30’s, living in Sydney’s inner west with two young children.
They’d slightly stretched themselves early to buy a family home (with some help from the bank of mum and dad), and parked some savings aside for a renovation they’d been planning for years.
Their plan was to get their mortgage down first, and then start investing ‘one day’ in the future.
Tip: Start investing early — maybe even earlier than feels comfortable.