March 30, 2025

Luke on 2CC – The super splitting strategy and your retirement goals!

17 minutes

Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired live on Friday 28 March 2025. The topic for this week is: Superannuation and the Super Splitting Strategy. In this episode our own Financial Planner Luke Smith takes a deep dive into this strategy which can be a useful part of your retirement planning. As the name of the strategy suggests, super splitting is about splitting your super with your partner. Luke explores the benefits on offer. This strategy can improve your retirement outcomes when used correctly.

Thank you for joining us live on 2CC, YouTube or your favourite podcast streaming service with ‘The Strategy Stacker – Luke Talks Money’.

Key topics covered include:

What is super splitting or super sharing?

You can split concessional contributions – what are the types of concessional contributions people might have?

How much of your concessional contributions can you move to your partner?

Is there a time frame on splitting super? Yes there is, it’s a use it or lose it strategy!

What are benefits of it? How can you use it to your advantage?

What happens if you’ve been using this strategy and the relationship ends?

There might be benefits in splitting super with the partner with less money in their super, if the other is getting close to their transfer balance cap to lower their balance or close to $500k balance.

Can you split catch-up concessional contributions?

Luke shares his top issues to consider when you’re considering the super splitting strategy.

https://www.envisionfinancial.com.au/wp-content/uploads/2025/03/The-Strategy-Stacker-Luke-Talks-Money-28032025.mp3

Our podcast is also available on Apple Podcasts, Spotify and YouTube – ‘The Strategy Stacker – Luke Talks Money’

Do you need help with the super splitting strategy and planning your retirement for better outcomes?

You can use the money from super splitting to pay off your mortgage sooner, reduce the younger partners hours of work or even reduce an account balance if you’re approaching the super transfer balance cap. Make an appointment to speak with Luke if you need help with your retirement plans.

Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals, including investment, super and retirement (including transition to retirement). Simply make an appointment to confidentially discuss your goals. Call Envision Financial Services on 6260 4749. You can use the contact us form to make an appointment, for a confidential discussion about your situation.

Luke will return to 2CC to talk about other ‘Money Matters’ next week, we hope you can join us. You can also catch up with ‘The Strategy Stacker – Luke Talks Money’ podcast at a time that suits you.

We look forward to your company again. Luke’s book Smart Money Strategy is out now.

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