When money is tight, does it make sense to access your super?
Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 17 April 2020 and the topic: Super and Covid 19.
In today’s topic we explore the Governments offer for eligible people to access their superannuation during the Covid-19 pandemic that’s currently affecting Australia and the world. It might seem like a simple decision, but Luke offers a range of insights to consider before you make a decision. There’s more to consider than you might first think.
Key highlights include:
- Should you access your super?
- Are there alternatives other than super to fund the things you need to?
- If you do make the decision to access super, what will you be giving up?
- Which assets within your super should be used to fund the withdrawal?
- What else do you need to consider?
- An offer to have a chat and seek financial advice.
Listen to the Podcast right now
Also available on Apple Podcasts ‘The Strategy Stacker – Luke Talks Money’
Would you like some advice around your own super?
Make an appointment to catch up with Luke over the phone or via video conference. Appointments at the office will return once the Covid-19 has passed.
Envision 2CC offer: Your first appointment is at our cost – even over the phone or by video chat. Make an appointment to confidentially discuss your super and financial matters. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.
Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.