Do you know what your Superannuation money is invested in?
Having the right mix of investments in your Superannuation Fund can make a significant difference to the amount of money you will have in retirement.
The current low interest rate environment is certainly not ideal in terms of return for a lot of investors, especially when you take into account inflation; you will be lucky if your wealth is growing at all.
There is no right or wrong answer for how much money you should invest in property, shares or cash. It all depends on how long you have until you retire and what sort of lifestyle you would like once you get there.
Now that you have decided you want more control and transparency over what your Superannuation is invested in, all that is left is to decide which structure is right for you.
Self Managed Superannuation is now the largest sector of Superannuation with people like yourself controlling over $558 billion of their own Superannuation money. This is a popular way to actively manage your own Superannuation Funds and if you are looking to invest in residential or commercial property directly then this is the only way.
If you feel you don’t have enough funds for a SMSF (generally $150,000) or you have no interest in purchasing property then there are other structures where you can create your own personalised Investment Portfolio in the same way as a Self Managed Super Fund.
Whether you want to set up a Self Managed Super Fund or a Personalised Investment Portfolio we have a Superannuation solution for you.
Let us help you make those small changes that can help build your Superannuation wealth faster.