Make the most out of your super

Nov 01, 2022

Super is designed to help you save for the future. It works by having your employer pay 10.5% of your eligible earnings into your super account for your retirement, and this money is invested on your behalf by your super fund to help it grow.

While retirement could be many years away, you can make some important decisions now that could have a big impact on how much you have in the future – including choosing a super fund. Watch the video from AustralianSuper below to find out what to consider to help you make the most of your super.

 

Key takeaways:

More money in your super account
The super guarantee increased to 10.5% on 1 July 2022. This rise will give many people more money towards their retirement.

Think long-term
It’s important to remember that super is a long-term investment – your savings could be invested for over 50 years.

Compare super funds
There are a few key things to weigh up when choosing a fund, including performance and fees.

Learn more about what to consider when choosing a super fund.

This information may be general financial advice which doesn’t take into account your personal objectives, financial situation or needs. Before making a decision about AustralianSuper, you should think about your financial requirements and refer to the relevant Product Disclosure Statement available at australiansuper.com/pds or by calling 1300 300 273. A Target Market Determination (TMD) is a document that outlines the target market a product has been designed for. Find the TMDs at australiansuper.com/tmd. 

 

Sponsored by AustralianSuper Pty Ltd, ABN 94 006 457 987, AFSL 233788, Trustee of AustralianSuper ABN 65 714 394 898.