Setting up super
Too important to ignore
Too important to ignore
Other than property, super is likely to grow into your largest asset. So given its importance you should devote some thought and time to make sure it is working well for you
Super tends to be ignored by people because the rewards from it are often not realised for many years. This conscious ignoring of your super can be an expensive mistake and by the time you realise you’ve made a mistake it may be too late to undo it. A financial adviser can help you understand your different options and help ensure you are maximising the benefits of super.
Some general tips to get the best out of your super
This depends on your risk tolerance, age, earning potential and your financial goals. There are four main asset classes to choose from:
To help you make the right decisions you should speak to your financial adviser.
What makes super different?
One of the main things to remember is that like any savings plan, the more you put in, the more you will get out.