Smarter Super - Invest in your future and make the most of your retirement
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Important Notice

This booklet gives information of a general nature and is not intended to be relied on by readers as advice in any particular matter.

You should consider consulting a financial adviser regarding how this information may apply to your own circumstances.

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INTRODUCTION - UNDERSTANDING SUPERANNUATION

Happy family, mum, dad and two children lying down on the grass in a park

If you're like most Australians, superannuation will be one of the most important investments you'll ever have – along with a home and an ability to earn an income.

Not only is it likely to be one of the biggest investments you’ll have by dollar value, it will also be the investment you depend on when you no longer work 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. How much you have in superannuation will influence your standard of living in retirement. So taking an early interest in your super can really pay off.

You might think of superannuation as a compulsory way the Government makes people save for their retirement years. 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 put your money in can make a big difference to how much you have in retirement.

This booklet has been created to help you understand super whatever stage of life you are in, and pick up useful tips to help you get more out of super. You can read about how super works, the types of super funds available and how to boost your super balance.

Start with some of the basics and you'll be surprised how much sense superannuation makes.

Keep in mind that the information in this booklet does not take into account your individual goals, financial situation or needs. The best way to get tailored assistance for your own circumstances is to speak to a licensed financial adviser.

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