It’s time to take charge of your superannuation
Superannuation is the investment almost every Australian has but most don't pay any attention to until the time they need to start accessing it to help pay for their retirement. The problem is that by this point it is too little too late as by forgetting about it for so long the balance that is there at retirement is too often disappointing and no where near enough to provide sufficient income in retirement.
If you were forced to put nearly ten percent of your income into something it stands to reason that you would want to have a say as to where it goes and how it gets invested. This being the case why do so many Australians opt not to care about super and take the action necessary to make sure it is set up how they want it to be?
It only takes a small about of effort to make some very simple changes that can make a very real difference over time.
Due to the nature or superannuation it is the type of investment vehicle that offers great tax based incentives to aid you in growing your retirement savings over your working life.
Superannuation has a number of items that are set to default if you don't make some choices along the way. These defaults are not simple little things, quite the contrary they are the most important things: How you hard earned money is invested, the insurance cover you have and the most important of all who gets you super should you die.
With the average super balance for Australian currently around $100,000 there is no doubt that you would want as much certainty as possible with regard to where it is invested and who it goes to should you die.
It's time now for every person reading this to take the next 10 to 20 minutes to call their super fund (or funds as most people have more than one) and find out how it is invested, how much is in you super, do you have insurance and also do you have a beneficiary listed.
Then spend the next 30 minutes taking action and make the necessary changes to get your super set in the direction you want it to go.
It's time to get behind the wheel and drive your retirement savings in the right direction!!
