How much Superannuation you need to enjoy a comfortable lifestyle in retirement will depend on a number of things such as your current assets as well as your expectations of your lifestyle in retirement. Chances are your employer contributions may not be enough to meet those expectations, so you need to look at additional contributions and careful planning to achieve your retirement goals. Just because accessing your super may seem like a long way off for some, it is important to invest your time and your money into a superannuation fund now! You need to know that the small changes you make now can have a big impact over the long term.
Seeking out an experienced financial planner to assist you in the art of Superannuation and Retirement Planning could be the difference in retiring earlier, happier and without the constant worry of money.
We can take a look at your superannuation and guide you on the best strategies to grow your super for the retirement you deserve, as well as doing the financial modelling to get a guide of what your retirement will look like.
Superannuation is a long term investment, but it is vital that you don’t simply forget about it. Life milestones like marriage, purchasing a house or having children can all affect your super, so be sure to check in and continue to take stock every so often. Superannuation is a long term commitment with a highly valuable end result, the sooner you take an interest, the better.
For most people, superannuation is the most tax effective way to save for retirement. And, just as importantly, it can be the most tax effective way to generate an income stream in retirement.
Contact Ken and his team at Invest4life now for a full review of your current superannuation situation and expert advice on strategies to help you grow your superannuation balance to achieve your retirement goals.