The document discusses the motivations behind working and emphasizes the importance of planning for retirement through self-managed super funds (SMSF). It outlines the steps to set up an SMSF, including creating a trust deed, appointing trustees, and developing an investment strategy, while also suggesting consulting experts for guidance. Additionally, it highlights the significance of having property for retirement and recommends reaching out to the company Lee & Lee for assistance in investment decisions.

2. About how many times have you asked yourself this, “Why am I working”? Is it
just once, twice, and thrice or none at all? Or have you really asked yourself this
question? Now, for sure you are already wondering.
There are many various reasons why people work. A few people may say
because they need a job for a living and because they were given an
opportunity. Some says because they wanted to purchase the things they want
or because they wanted to save for the future. But wait! What do you really
mean when you say save for your future? Is this the future of your family or of
your children or your children’s children? Whatever that it is, everybody is
thinking about the future.
But life is not just all about working, earning and saving. We do not get to work
all our life. We also need to think about our retirement. Your bank account
savings may not be adequate to sustain the retirement days. Definitely monthly
pensions could get you through the days but isn’t it great to be able to travel
and have a good time during these days without worrying much about the next
coming years.

3. As early as now you must be good at setting up self managed super fund. But
what really is self managed super fund? Known to many as SMSF is a means of
saving for your retirement. Composing of 1 to 4 trustees, the benefit of putting
up SMSF is that you take control of your finances to meet each trustee’s needs.
The trustees could be within your family or business partners.
Many questions come to mind on how to set-up super managed self fund.
Because this a major financial decision which you need to make for your future,
you need to first consider finding a super managed self fund expert to aid you
and guide you. Also a trust deed needs to be created. A deed is very essential
because it sets the conditions of the trust.
Next is appointing your trustees which includes up to 4 members. When it is
done, you will need to register for an ATO or Authorization to Operate. It is a
formal declaration which authorizes the operation of the SMSF by Designating
Approving Authority (DAA). To keep your fund in a safe place, you will need to
set-up a bank account. Because funds are required, you would also need to
rollover your superannuation. Finally, you have to set-up an investment strategy
to make the SMSF grow.
Upon setting up an investment strategy, you may have to consult to an expert.
Self managed super fund property is becoming well-known these days. To be
ready for your retirement, it is important that you have a property of your own.
But there are just too many other ways to invest. You may talk to an expert from
Lee & Lee to learn more regarding picking up the correct investment for your
funds.
This company do have experts who gained so much experience as also business
owners as well as investors. You may sign-up with them or you may call at 617
3103 8551 to set up appointments. They also have offices in Queensland, Sydney
as well as Melbourne. To learn more about the company, please visit our
website at leeandlee.com.au.