Superannuation is not an investment – it is a structure.  It is simply a trust.  If you follow the rules, the trust structure gets amazing tax concessions.

People who rattle off that they ‘don’t like super’, will generally pay lots more tax throughout life, and live off less in retirement.  That’s silly – don’t listen to them.

The same people usually complain that Governments change the rules too much, and will do so again.  That’s true.  But have you ever stopped to think how often they change rules outside of super?  Heaps more.  So what’s the big deal?

I have heard lots of people complain when they don’t have enough super – but I’ve never heard a complaint from someone telling me they have too much.

I have heard people complain about ‘preservation’; how they can’t get their hands on super until they’re old; and how that’s a horrible thing.

In reality it’s the only reason why super is ranked the largest asset in retirement outside the family home. Preservation is most people’s saving grace, and ensures there’s plenty of cookies left in the cookie jar when it’s time to eat.

Your family home isn’t going to give you an income to live off.  So although super may rank as the largest asset in retirement behind the family home, it’s the most important one to help you maintain your desired lifestyle when you stop working.

Get smart on the super-sized benefits of super.