Would you like a guaranteed return of 39% on your money?

Everyone knows the saying, “If it sounds too good to be true, …” Well, in this case it sounds good and it’s true – GUARANTEED!

There’s one thing you need to do first if you want to get this kind of return. You need to be smarter than most of the people around you. You need to realise that superannuation is the best legal tax break in town and it’s the KEY to your future financial freedom.

Still with me?

You need to block out every voice, every article, every friend who might try and tell you that super sucks, because anyone saying that doesn’t understand super and is effectively saying they like paying more tax. Do you know anyone who likes paying more tax than they need to?

The key with superannuation is that it only gets taxed at 15%. This is a huge tax saving for anyone on an average income or above. If you’re on the top marginal tax rate of 45%, that’s a 30% tax saving!

Let’s look at the difference between savings to your bank account or your super…

If you earn $95,000 and save $100 per week (i.e. $5,200 per year) the numbers look like this:

  • Bank account: 39% tax leaves only $3,172 in the bank after tax
  • Super: 15% tax leaves $4,420 in super after tax.

The difference is $1,248 or 39% better off. No investment risk involved here, no crazy get-rich-quick scheme, just a straight-out tax saving that delivers a GUARANTEED 39% return.

How many of your dollars would you like working like this?

If you’re on $65,000, the numbers look like this:

  • Bank account: 34.5% tax leaves $3,406 in the bank after tax
  • Super: 15% tax leaves $4,420 in super after tax

The difference is $1,014 or 30% better off… GUARANTEED.

Just imagine if you do this every year for many years… you’re going to have a lot more money to play with!

Then imagine if you combine this with getting into a better super fund, paying lower fees and getting better returns.

Super isn’t a perfect system. If you don’t have your wits about you, you will wake up one day and find your retirement plans in tatters. Please don’t become another one of the statistics.

In 2019, the 50 worst performing super funds were all retail super funds (i.e. the likes of the banks and AMP). 134 of the best 135 super funds were industry funds. Most financial advisers recommend retail funds… that’s why you need to work with an INDEPENDENT financial adviser if you want advice that is in your best interests. I am one of those who prides themself on being an INDEPENDENT financial adviser.

Here’s some context for you… The Productivity Commission has found full time workers locked into a bottom quartile fund over their lifetime will retire with a balance 54 per cent, or $660,000, less than if they were in a top-quartile fund. This is not pocket change we’re talking about! It’s your future financial security.

You may have thought super was boring in the past. For me, it’s the ticket to an exciting future. You just need be smart enough to take it seriously.

If you are serious about your financial future, I’m serious about helping you.



If you’d like to find out more about how INDEPENDENT financial advice could help you manage cash flow, pay off the mortgage faster, get the most out of super and invest wisely, then get in touch on 0411 484 464 or head to wealthtrain.com.au.

Daniel McGregor is the man behind Wealth Train and is a member of the Independent Financial Advisers Association of Australia. This advice may not be suitable to you because it contains general advice which does not take into consideration any of your personal circumstances. All strategies and information provided are general advice only.

Daniel McGregor and Wealth Train are authorised representatives of Independent Financial Advisers Australia AFSL 464629

Talking Finance with Daniel McGregor

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