For most Australians, superannuation will be one of the most important investments you’ll have, along with a home and an ability to earn an income. In addition to this, Superannuation is likely to be one of the biggest investments you’ll have by dollar value and may be the sole investment you depend on when you are no longer working for an income.

Increasing life expectancies mean the superannuation of many Australians will have to last them for a retirement of 20 or 30 years. As a result of this, how much you have in superannuation may play a large part in your standard of living in retirement, so taking an early interest can really pay off in the long term.

You might think of superannuation as a compulsory way the Government makes people save for their retirement years and in reality, it is. But it is also a lot more than this. So don’t let the jargon surrounding superannuation and the seemingly complex rules put you off. Decisions about which super fund and what type of investments you invest your money into can make a big difference to how much you have in retirement.

Changes are continually being made to superannuation rules, meaning it is vitally important to consider superannuation as an investment earlier in your life, and ensure you are advised on appropriate ways to take advantage of all relevant opportunities to achieve your retirement goals.

At Financial Horizons, we stay abreast of all rulings and regulations. We also know the benefits achieved by implementing a tailored superannuation strategy. We will help you understand superannuation whatever stage of life you are in and point out useful tips to help you get more for your retirement.

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