Wednesday 30 November 2011

What is Transition to Retirement?

All through our lives, we tend to be working sometimes for funding our children’s education or to buy our dream home. Once we approach the age of retirement, our body invariable tends to slow down and we are more prone to lead a life which is peaceful and calm. Transition to retirement is a procedure wherein once a person reaches a particular age of retirement, they can reduce the number of hours they work in a day without affecting their monthly income. The biggest reason that people nearing the age of retirement tend to opt for this scheme is because there are too many lucrative benefits to let it go. Transition to retirement provides you with a ‘non commutable’ income stream. This assures you of a stipulated amount on a monthly basis. So, now you do not have to worry as to how you would pay your bills or procure things that you need. The phase of retirement actually is something where you are inactive and are not actively contributing to the expenses of the household. For some people, transition to retirement can take up to four to five years as well. So, move on to the next phase of your life without worries and tension of running the house.

Tuesday 29 November 2011

Best deals for superannuation loans

Superannuation loans have a lot to offer as compared to other loans. Using superannuation loans, you can borrow money for investment such as purchasing property using self-managed superannuation fund loan. Any such kind of investments using superannuation loan is equal to any other investment property loan. There are number of gains concomitant with these loans. You can plan your retirement on your own terms and as per your lifestyle and investment objectives. You can choose your own asset class. But, one should always keep in mind that these superannuation loans are used only to purchase property from a member or related to business purposes.

Private super fund allows you to have unsurpassed options as per your financial needs. You can have either a general personal private super fund or an industry superannuation fund. The industry fund offers extra funds in terms of fewer fees. Managing your private super funds is perilous as well as challenging. TrustDeed offers the most comprehensive solution for your superannuation loans and the fund. They bring to you the paramount service of generation of TrustDeed for superannuation funds in few minutes. Therefore, register instantaneously to avail these services which are supported by money back guarantee.