How Super Can Save You Thousands in Tax - Now and in Retirement: Part 2 - Investing in Superannuation

This is part two of our series on using super as a tax haven. Super isn't just a retirement account - it's a powerful way to reduce tax and boost your investment returns.

Take Jane, for example. Jane's in her 50s, still working, and has $1 million saved in investments. Where Jane holds those investments makes a huge difference to the tax she pays:

• If Jane keeps the investment in her own name and they earn a 6% return ($60,000 a year), she'll pay tax at her highest rate of 47% - that's $28,200 in tax.

• But if those same investments are held inside her super, the tax rate drops to just 15%, reducing her tax bill to $9,000.

Now, fast forward 10 years: Jane retires and rolls her investments into the retirement phase of super.

• Her tax rate on earnings? Zero.

• That's $28,000 saved each year, boosting her retirement income and growing her savings. She could skip winter and chase summer in Europe every year - just with this tax saving.

The right super strategy doesn't just save tax now - it sets you up to keep more of your money in retirement.

Watch the quick 3-minute video where I explain how it works.

If you want to know how super could work as a tax haven for your investments, let's have a chat.