Your superannuation is likely to be one of your most important financial assets, outside of your ability to earn an income or property, and it is designed specifically to provide you with money to live on in retirement.
The money you have in super is taxed at a rate which is generally lower than money you invest outside of super. Furthermore, you have the flexibility to invest your super money in a number of different assets, in the same way you can with your non-super money.
It’s your money and that’s why it makes sound financial sense to take control of your super today. A good place to start is to ensure the super fund you use suits your needs. Decisions on how your money is invested in super, as well as when and how much to contribute above any employer contributions, are all important.
The choices made in regards to your super today will affect the amount of funds you have available to enjoy life after work. So it’s never too early to start understanding how you can maximise your super in order to produce the results you want.
Your FinChoice financial adviser can guide you through all the decisions you need to make with your super. By getting to know you – and what you want in the future, we can provide tailored advice, tracking your progress at every stage and helping you fine-tune your super strategy to achieve your goals.
The important thing is to start today!