GOAL SETTING
Life is busy, and time seems to flow by quicker every year. Few people understand the importance of getting the right things done at the right time, especially relative to super.
Many individuals regret not paying attention to their super earlier in their career once they realise the compounding dollar value cost of missed opportunities.
To achieve goals, you must take timely and appropriate strategic action.
For optimal super outcomes, you must set goals, regularly review your strategy, and make tactical adjustments aligned with current circumstances and market conditions.
BEST PRACTICE
Since its initial introduction, the government and regulator have regularly introduced initiatives, supposedly to ensure that super is better managed and possibly optimised.
However, to date, best practice guidelines for individuals to establish long-term goals and short-term milestones and then manage their super accordingly are (interestingly enough) absent from any discussion.
The consequences of dismissing your super at this point in your career can be costly.
SUPER ADVICE
If finance is not your strong suit, it pays to seek high-quality yet affordable super advice to help you make informed decisions. SuperWiser is a client portal that does just that.
The first step to review your super is free. Upon your authorisation, SuperWiser communicates directly with your super provider to obtain relevant details and then calculates your baseline Projected Income in Retirement (in today’s dollars) based on your current approach. It also suggests if it can improve.
You then go through an initial process to help you establish goals and objectives and implement product, contribution, and investment strategy advice recommendations, including consideration of events that could significantly reduce your super balance this close to retirement.
After completing the initial advice process, SuperWiser will notify you when tactical updates are recommended based on market dynamics, regulations, and product updates.
There is significant confusion among consumers and within industry, media, and government regarding the definitions and roles of financial planners/advisers who provide personal advice and those who simply sell financial products.
SuperWiser is an online financial adviser application that provides personal advice to help you optimise your super consistent with your circumstances. It does not sell financial products.
GET STARTED
Create a secure account using your email address, complete a free super review and examine your options.
Alternatively, call 1800 467 467 to speak directly to an adviser.
This document was prepared and issued by Super Simpler Pty Ltd (ABN 74 150 240 421) a privately-owned company operating as a Corporate Authorised Representative (CAR No. 468 201) of AXIS Financial Group Pty Ltd (ABN 21 092 889 579, AFSL 233 680). The information contained within it is not advice. It provides general information only and does not take into account your individual objectives, financial situation or needs. You should assess whether the information is appropriate for you and consider talking with your financial adviser before making an investment decision. Information in this publication, which is taken from sources other than Super Simpler, is believed to be accurate. However, subject to any contrary provision in any applicable law, neither Super Simpler, nor its employees and directors, provide any warranty of accuracy or reliability in relation to such information or accepts any liability to any person who relies on it.