To optimise super, you must understand how it works and make informed decisions aligned with your goals and objectives.
The standard MySuper option offered by super providers is not an optimisation strategy. It is a default strategy and what is considered a passive management approach.
The SuperWiser portal helps you easily take control of your super and actively manage it towards a financially secure retirement.
Forward planning always begins with assessing your past. We all have aspects of life we know we manage well and some that we could manage better. Unless we regularly take stock of our current situation, review what we have done to get to this point and determine how we can improve our future outcomes, we stagnate and miss out on beneficial opportunities, and super is an area where this is especially true.
Depending upon your age, opportunities, and life experience, you might not yet realise the importance of your super relative to your financial future. Many individuals fail to ask the right questions regarding super, and even fewer consider how to make more super for their retirement.
Whether you are 20 or 60 years old, time progresses in the blink of an eye and arriving at your desired financial situation at the point of retirement does not happen by accident. The phrase, wasted time is wasted money, holds a lot of truth, especially with super.
Super is a personal asset. To effectively manage super as a wealth creation strategy, you must determine what you want to achieve for yourself (also known as setting goals and objectives). You must also monitor your progress against your stated expectations and adjust your strategy regularly because the value of your super asset can rise or fall, depending on investment markets.
How much time do you spend reviewing your super per year? An hour, a few minutes, no time at all perhaps? If you’ve been ignoring it, you’re not alone. Paying regular attention to your super can make a big difference to your retirement, but few people make a regular habit of monitoring it. If it’s because it seems complicated or time consuming to you, SuperWiser might be exactly what you need. To find out more, read our latest blog:
Every asset needs attention – especially your super. SuperWiser has been designed to help you make informed choices about your superannuation. By comparing many of Australia’s leading super products, it can help you find the best set-up for your situation.
The New Year is the time when many of us take stock of our lives and make some resolutions about improvements or changes we’d like to make, and one of the best areas many of us can address is often our financial circumstances. Taking the opportunity to look into your super at the beginning of the year to ensure that it is being optimised can have a dramatic impact on your future.
SuperWiser can help make this process easy! Find out more in our latest blog.
Super is a valuable asset and for anyone who is going to work for 50 years – foresight is always better than hindsight. Many people think there is only one service option available for their super which is the high priced financial planning model. You should know, affordable personal scaled advice does exist.