Brad and Julie started planning for their retirement more than 15 years ago to ensure they were managing their small business assets in a tax-effective way.
The couple, who ran a warehousing business before retiring in 2017, had been working hand in hand with the Accordius team for more than 10 years prior to their retirement.
“Gradually, as we built up a nest egg, we moved our assets at the right time from the company into our super in a tax-effective way,” Brad says.
“We also held some shares that were transferred into the SMSF, so it was a conscious decision to move assets at the right time into our super.”
The couple both met Geoff at Accordius every six months to assess their portfolio, and to respond to any changes in their small business or the superannuation regulatory framework.
“This was important as the advice was progressing and changing in line with our personal circumstances,” Julie says.
“With Accordius, they don’t just say, ‘here are the figures, see you in six months’. They sit down with you and go through the details."
“It’s very comforting to know we are in a good position, especially when you read stories of people who maybe thought they would be able to retire well but haven’t been able to.”
Now Brad and Julie are retired and pay almost no tax on earnings both inside the SMSF and in their personal names.