Money Quickie: Why is Superannuation important?

Accessing our superannuation can sometimes seem as realistic as winning the lotto and as complex as having a shared portfolio. In a way, both of these concepts are right. You may or may not get access to your money at 65 or 70 or whatever the government determines as retirement age. It is money taken off you like taxes and put into some shares that may or may not be good if you can take the money out. So yes, like lotto and like investing.

But you have control over where that money is going and how that money is invested, and while you may not see it (let us hope that you do), the people you love will. The people you love will get financial support when they are mourning the loss of someone they love.

So let's place you in the driver's seat of your Super and see how you can make it a great bonus for whatever hand you are dealt.

Top 5 Tips
1. Find out where your Super is.
2. Ask for other Super to be found.
3. How much $ did you make in the last FY?
4. What fees were you charged?
5. Where is it being invested?

Welcome to the Money Wellness Podcast with Ros. You can sing up to my newsletter for all of the money tips here.

Thank you so my for listening, if you have any questions or would like to find out more please head here to my Free one on one Coaching Session

Welcome to Country.
We acknowledge and pay respect to the land and the traditional families of the Yugambeh region of South East Queensland and their Elders past present and emerging. The Yugambeh region includes families that identify as Kombumerri, Mununjali, Wangerriburra and others. We pay respects to Elders past and present.

Disclaimer

This recording contains general tips and does not consider your specific financial situation. your personal circumstances have not been considered therefore, there is no guarantee that implementing these tools is the best idea for you.

If you have serious financial issues and feel like you may be facing bankruptcy or other serious financial states, then please contact the government’s Financial Counselling Service which is free.

These tips do not guarantee that they will make you more money or can change your financial situation. Roslynn Higgins and her guests do not give guarantees about the contents of this recording or accept any liability for any loss, damage or other consequences that may occur as a result of any person acting on or using the information and opinions contained in this recording. Please seek professional advice with your chosen financial expert.

Until next time stay fabulous x