yeah okay superannuation something that most aussies sort of ignore till they're older
why shouldn't we do that
So the funds we have invested are going to ideally duplicate and increase as our time is still invested.
So again, wanting to make sure that the money you're putting in now has the ability to increase, grow, etc.
And so then by the time you are 60, 65, for example, and you're actually drawing an income or drawing a pension, for example, you might then go, okay, well, this is a lot easier.
pay.
It might mean, okay, that's one less meal out or that's one less, I don't know, new outfit or whatever it was, right? So then as you get older, you're still trying to catch up.
So then that now $20 or $50 at this age now becomes say $5 to $1,000 or $500 to $1,000 when we're in our 50s or 60s.
Yeah, okay.
Are there simple things everyone should check in their super? Mm-hmm.
What are they?
We're talking about ensuring that our accounts aren't charging us an oodle for our fees.
So again, around that sort of 1% or lower for our investment fees does make sense.
yeah okay superannuation something that most aussies sort of ignore till they're older
why shouldn't we do that
So the funds we have invested are going to ideally duplicate and increase as our time is still invested.
So again, wanting to make sure that the money you're putting in now has the ability to increase, grow, etc.
And so then by the time you are 60, 65, for example, and you're actually drawing an income or drawing a pension, for example, you might then go, okay, well, this is a lot easier.
pay.
It might mean, okay, that's one less meal out or that's one less, I don't know, new outfit or whatever it was, right? So then as you get older, you're still trying to catch up.
So then that now $20 or $50 at this age now becomes say $5 to $1,000 or $500 to $1,000 when we're in our 50s or 60s.
Yeah, okay.
Are there simple things everyone should check in their super? Mm-hmm.
What are they?
We're talking about ensuring that our accounts aren't charging us an oodle for our fees.
So again, around that sort of 1% or lower for our investment fees does make sense.
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