Superannuation, or ësuperí, is a way to save money for your future. It is important to understand how much super youíll need, and how to best manage the money for your retirement.
For many Australians, super will be their main form of retirement income.
Through super, you can hold a wide range of investments such as managed investments, shares, property and cash. It's not an investment in itself.
Employers pay superannuation contributions on behalf of their employees. You can also choose to add money into superannuation out of your own pocket ñ which has a potential tax benefit.
Your investment returns from superannuation will impact how quickly it grows so it's important to choose an investment option that is appropriate for you, depending on when you want to retire and how much you want to retire with.
Make your Super work hard for you, Contact us today for a complimentary and without obligation initial discussion to find out more.