The Key Times To Check Your Super Throughout The Year
Sep 17, 2024
It’s important to keep an eye on your superannuation, but how often should you check it? While it’s not necessary to monitor it daily, regularly reviewing your super can help ensure you’re on track for retirement.
AustralianSuper suggests checking your super at least once a year to review your contributions, fees, and investment performance. This allows you to assess whether you’re on track to meet your retirement goals and make any necessary adjustments, such as increasing contributions or switching investment options.
You should also review your super if there are major changes in your life, for instance switching jobs, a significant salary change, or a major life event such as marriage or the birth of a child.
Regularly reviewing your super can help you stay informed and make the best decisions for your retirement future. Remember, your super is a long-term investment, so while it’s important to stay informed, it’s also crucial not to overreact to short-term market fluctuations. Focus on your long-term goals, and make sure your super strategy aligns with them.
To learn more about how often you should check your super,
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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.
