Superannuation matters, so let’s talk about it.
Kate Campbell chats with financial advisers from Everest Wealth, Alex Luck and Daisy Magor, about what may end up being our biggest asset: our superannuation.
They chat about investing inside vs outside of super, using super calculators, comparing super funds and making the switch, the value of financial advice and much more.
✅ Here’s what we discuss in today’s conversation:
What is the purpose of super?
How do we care about something so far out in the future?
Investing in super vs outside of super
How much super should I have?
- Do you look at any of those tables that say you should have XYZ by 50?
- Do I need a million dollars to retire?
Do you have multiple super funds?
- Tools like MyGov to find if you have multiple funds
- When would you/wouldn’t you consider consolidating?
- Key things to consider before changing super funds
- Insurances
Is my super fund any good? How do I find a good super fund?
- What are the key features I should look at? Fees, investment options etc.
- Ethical investment options → how do I know if it fits my values or is just a fee-collecting exercise?
- Not all super funds are created equal → the challenge of comparing balanced funds
- Tools to compare super funds
- What important documents should I read?
How do I grow my super balance?
- Employer contributions
- Salary sacrifice
- Personal contributions
- Contribution splitting
When should I get advice about super?
