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Colin Lewis

Three ‘tricks’ to get $2m into your super in a year

Maximising contributions after selling a small business can add $2,062,500 to your retirement savings.

Many small business owners haven’t had the luxury of putting money aside for retirement, as they’ve needed to retain earnings in the business to grow it, or just remain afloat.

For them, their business is their superannuation.

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Colin Lewis is head of strategic advice at Fitzpatricks Advice Partners.

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    Original URL: https://www.afr.com/wealth/personal-finance/use-these-three-tricks-to-get-2-million-into-your-super-in-one-year-20240119-p5eypy