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Sort out Your Super

Albert Einstein called compound interest the 8th Wonder of the World, with the ability to grow your money and produce remarkable results over time. This module is where the magic starts to happen.

What is it?

It would be far too easy to simply call Super a retirement fund – it is so much more than that. It’s the ultimate savings vehicle for setting you up for retirement, as well as the opportunity to buy a first home. It’s a tax saving machine that lets you keep more of the money you earn. Super is an incredible option for putting your money to work and earning better returns on your savings. It’s a guarantee that you’ll have security in your retirement phase to enjoy the result of all your hard work. Super, it’s… it’s… well, it’s all in the name really.

Financial Adviser Melbourne

Why is it important to do?

There are only two certainties in life, death and taxes… Give us a break! We haven’t got time for all that negativity – we’d prefer to focus on achieving an outstanding outcome for you at tax time! While the community gets the benefits from everyone paying their taxes, you shouldn’t ever be paying more than your fair share. Tax might be a certainty, but how much you pay is a different matter completely. A quick look at your tax situation can assure you’re in the best position possible when June 30 rolls around, and accessing tax schemes will allow you to grow your wealth and achieve your goals in no time!

It starts right here

Take our quick quiz and see how far you are down the road.

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Question 1 of 5

Do you know what your current super balance is?

Have you checked where your current Super account is sitting and that regular contributions are going in? You can check this figure when you login on your fund’s website.

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Question 2 of 5

Do you know how your current super fund is invested, and what returns it is making?

Have you had a look at the assets your retirement funds are invested in? If you didn’t select these when you started work, it’s likely they will be in default investments that may or may not match your situation.

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Question 3 of 5

Is your current fund a good one for you, based on the fees, risk and investment returns?

Have you lined up your preferences to see if your fund matches them? An easy way to check your fund’s performance is to use the YourSuper comparison tool on the ATO website and see how your fund compares to other options.

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Question 4 of 5

Have you worked out an age that you want to retire or achieve financial freedom)?

This is important, because an earlier retirement will mean less time working – and earning. Therefore, you will need some extra funding to cover a longer retirement.

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Question 5 of 5

Have you worked out what income you want to have in retirement?

This involves working out what you want to do in retirement & how much you will need on a weekly/yearly basis to live the life you want.

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You’re ready to hit the road!

Start by finding out your current balance, register for online access to your fund and see how your money is invested. From there speak to us about what you need from your fund and compare some others to make sure you have the right one.

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You’re ready to hit the road!

Start by finding out your current balance, register for online access to your fund and see how your money is invested. From there speak to us about what you need from your fund and compare some others to make sure you have the right one.

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You’re ready to hit the road!

Start by finding out your current balance, register for online access to your fund and see how your money is invested. From there speak to us about what you need from your fund and compare some others to make sure you have the right one.

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You’re well on your way!

Do some daydreaming and work out when you want to finish working, or be in a position to work when you want. Be realistic & idealistic (eg: not ‘tomorrow’, but if you want to retire early don’t wait for the ‘standard’ retirement age of 65). We can then crunch the numbers to see if that is possible, or what you need to do to make it possible.

How Finnacle can help

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You’re ready to hit the road!

Great work! Now it’s about making sure your super and retirement plans come together, and navigate the waters on the way to retirement. Speak to us about your thoughts and plans and we can crunch the numbers to see how you can get there!

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What should I do next?

Kick off your free trial today – book your 15 minute discovery call

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Let’s try other subjects

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Track your savings

Our income & expenses app Prosperity makes it super simple to see where your money is going, and make sure you’re on track with those goals.

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Manage risks

Life is unpredictable, so you need a safety net in the form of savings and insurance. Think of it as your Plan B. Then rest easy.