Financial Planning DIY Guide

SMSF DIY Guide: Everything you need to successfully set up and run your own self managed superannuation fund; Contents; Preface; About the Author; Acknowledgements; Chapter 1: Superannuation basics; What superannuation is-and is not; Why you need superannuation; Yes, superannuation can be confusing; Contributions-getting money into superannuation; How to get money out of super; Key points; Chapter 2: Is a self managed super fund right for you?; What is a self managed super fund?; Why is the number of SMSFs growing so rapidly?; How an SMSF can save you money;Straightforward and easy-to-understand guide to the basics of self managed super funds The SMSF DIY Guide is an authoritative, up-to-date and accessible guide to the pros and cons of running a self managed super fund. In plain English, financial advisor, Sam Henderson tells you what you need to know to set up and run a SMSF and ensure that all members fully meet their legal obligations, while outlining proven investment strategies, including those for shares, property, gearing and fixed interest. Filled with practical, how-to information, supplemented with real life case studies Covers all the bases, including setting up and administering a compliant fund, asset allocation and investments, risk management and insurance, retirement and eliminating tax, financial planning, estate planning, tax reduction strategies and much more Steps you through the process of creating your own one-page financial plan outlining your investment strategy. Written by one of Australia's most well known and respected financial advisors.