Superannuation is a way to save for your retirement by contributing small amounts of money from your employer on a regular basis. This coupled with investing the money in many different financial markets and products enable you to grow this money much more than through a bank account.
There are many rules, regulations, caps and incentives to superannuation and by having a guiding hand through this, you can avoid the land mines and even boost your super by taking advantage of Superannuation’s benefits.
Making super work harder then you!
The 8th Wonder of the World “Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.” This quote is at the heart of the Superannuation system. It is designed for you to contribute money in over a long period of time and have in invested so the interest you earn, will be added to your balance and more interest earned on that balance. This is called compound interest and if harnessed correctly along with a robust investment strategy can lead to superannuation being your largest financial asset over your lifetime.
Starting early and remaining engaged with your super is key to ensuring it remains on track and working harder than you, but for your sole benefit. Let us help you understand it, advise you in the best investment strategy for your personal needs and earn the retirement you want to live.