Superannuation is the often the misunderstood hero of wealth creation. In this week's episode we chat about the basics of superannuation. Being a meaty topic this is part 1 of a 2 part in depth look.
In this episode we cover topics such as:
- What is Super
- Who gets it
- What can you invest in
- What will your super be worth when you retire
- When should you start to plan
- Understanding superannuation account fees
- What kind of contributions can go into your account
- What you can do if you and your partner have large differences in your super account balances
- Expectations around performance and rates of return
- Understanding defensive versus growth assets
For information regarding how much super you may have in retirement click here
For the vanguard historical rates of return for each asset class click here
