As per the article, super is but one prong to the retirement strategy.
Having endless interference by government annually in how super eorks only adds to the uncertainty for those who undertake their long trrm financial planning and develop their retirement funding strategies.
Super has been compulsory for over 20 years and for some awards closer to 30 years. S o many workers approaching retirement age should have more than a cursory amount stashed away. I can vouch that 30 yrs of contributions including salary sacrifice and time out of workforce can still amount to a reasonable sum.
There is a general misunderstanding of super by members of funds. They aren't aware that they may have several funds with very little in each, don't know how simple it is to combine all the funds or simply don't pay any attention to it. If you have received any super roll it over into one low fee industry fund. (They all perform reasonably well).
Having endless interference by government annually in how super eorks only adds to the uncertainty for those who undertake their long trrm financial planning and develop their retirement funding strategies.
Super has been compulsory for over 20 years and for some awards closer to 30 years. S o many workers approaching retirement age should have more than a cursory amount stashed away. I can vouch that 30 yrs of contributions including salary sacrifice and time out of workforce can still amount to a reasonable sum.
There is a general misunderstanding of super by members of funds. They aren't aware that they may have several funds with very little in each, don't know how simple it is to combine all the funds or simply don't pay any attention to it. If you have received any super roll it over into one low fee industry fund. (They all perform reasonably well).
