LOST OPPORTUNITIES
When introduced thirty years ago, no one would have guessed how controversial super would be. The media tends to focus on negatives, the government is forever changing the rules around it, and most people misunderstand how to optimise it due to its technical complexity.
Then again, anyone in the mid-stage of their career might be somewhat happy with their accumulated super balance and even surprised by its value.
On the other hand, perhaps your super balance could have been noticeably larger by now if you had accessed quality limited advice from time to time.
OPPORTUNITY COSTS
Do not fail to give attention to your super and find out how best to manage it as a personal asset. Why? Because the opportunity cost of doing so can reduce your income in retirement by between 10 and 20%, meaning a much-reduced lifestyle in retirement.
There are various opinions about what is best when it comes to super. Wisdom would say ignore opinions and find out the facts. Most individuals are financially unaware of how to optimise super as a personal asset, so obtaining quality yet affordable advice and service from a trusted source can be beneficial.
DISCOVER MORE
To find out what your current projected income in retirement looks like and its potential for improvement, head to www.superwiser.com.au to complete a free super-review.
Once completed, you can choose whether to proceed to the next step and obtain initial advice and service to help you optimise your super asset for a fee of $220 (inc GST). If you do not choose to proceed, at least you will better understand what is possible.
Alternatively, call 1800 467 467 for a quick chat to discuss your super options further.
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.