Self-Managed Super Fund Mapping with Financial Mappers

Self-Managed Super Fund Mapping with Financial Mappers

In this video, we’ll show you how Financial Mappers can be used to plan your self-managed superannuation fund.

Video Transcript

Hi, welcome to Financial Mappers.

In this video, we’ll show you how Financial Mappers can be used to plan your self-managed superannuation fund.

As you set up your Self-managed Superannuation Account, it’s simpler than ever to integrate cash, equities and real-estate assets in both your accumulation and retirement drawdown phases of your plan.

In this example, we walk through a plan for a person aged 55 who is planning to retire in 10 years.

To begin your plan, simply activate the account and include employer contributions.

You can then update the account with your current account balances.

Financial Mappers gives you full control of your Asset Reallocation, and you can manually make changes by increasing or decreasing shares and managed funds. And if your changes result in your linked Cash Account being overdrawn, this will be flagged.

As you develop your plan, your chosen investment profile is presented graphically, highlighting your risk tolerance, and allowing you to vary your asset allocation accordingly.

Want to see your plans Return on Investment? It’s already been calculated, and can be viewed both graphically and in data format.

When planning contributions to you fund, Financial Mappers automatically calculates the Superannuation Guarantee Levy. If you receive additional employer contributions, it’s simple to add these for any year.

It this case, a $20,000 After-tax Contribution was made in the last year of the savings phase.

Proceed to the Investment Plan, and you’ll find Financial Mappers has allocated regular monthly contributions from your salary savings. These contributions are transferred directly your cash or share account, according to the plan you’ve set up.

Financial Mappers even makes it easy to plan for management fees and life insurance, so enter them here before moving on.

Planning the transition to retirement happens in the Drawdown phase. It’s here you can select the year you start your drawdown, and how long you want your funds to last. You can even plan for additional drawdowns – say for purchasing a holiday, or a new car – and these can be added for any year and are seamlessly calculated into your plan.

If your superannuation fund includes cash or managed funds accounts, simply click the link to change the parameters of these accounts.

To include property assets as part of your fund, Financial Mappers allocates each a dedicated account, so that each account can be purchased and sold separately.

There will come a time in your plan when the revenue from your property is not sufficient to fund your expenses and drawdown requirements . This is why the fund planning you do now should include when you intend to sell your real estate.

As you build your plan, Financial Mappers’ interactive graphs and tables give you a clear picture of your account balances and transaction. The fund balances are clearly displayed according to contribution type and the asset allocation.

Once complete, you can nominate the drawdown amount for both your investments and superannuation. As you hover over the graphs you, can see your year-by-year drawdown details.

And if you need copies of these graphs to complete your compulsory Investment Strategy Reports? No problem, simply download the graphs and copy them to your reports.

Your self-managed super fund account is now complete.

From planning your fund to reporting your investment strategies, Financial Mappers is a simple solution to do serious planning.


Disclaimer: Financial Mappers does not have an Australian Financial Services License, does not offer financial planning advice and does not recommend financial products.

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