SUPER CONTROL
As the time you have left in the workforce reduces, the importance of your super strategy increases. Whilst you might look at your super balance and think ‘not sure how I got here, but it is not looking too bad’, continuing to dismiss your super can have considerable financial consequences.
If you do not know what you are doing, you best find a source of reliable advice.
SUPER CONSIDERATIONS
Early in your career, you had the opportunity to manage your super towards an optimal income in retirement. As retirement gets closer, your super strategy needs regular health checks.
Some things to consider:
Investment Risk – understand the level of market risk associated with your investment portfolio and the impact this can have on your asset in the event of a significant drop in the market.
Insurance Costs – the older you get, the more expensive insurance premiums become. Regularly review the cost and appropriateness of your insurance cover.
Tax Benefits – investigate if there are any transition to retirement strategies available to help you save on tax.
The rich stay rich by considering what might happen and not expressing regret after the event.
SUPER ASSISTANCE
Informed decisions must be based on up to date knowledge around products, tax legislation and the state of global markets.
The SuperWiser client portal is set up to easily assist you.
Create a secure account using your email address, complete a free super review and examine your options.
Alternatively, call 1800 467 467 to speak 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.