Regardless of your financial circumstances, life stage or goals for the future, just a few small changes to your finances today can dramatically change what your retirement may look like in the years ahead. We asked Statewide Super Financial Planner Kate Dundon, to share her top three tips that you can implement today, to prepare for a better future.
- Review your spending
It’s amazing how the smallest of changes to your spending, can result in big savings over the long term. By regularly diverting the cost of just a coffee a week or a meal out to your superannuation, you can add literally thousands to your retirement savings. See just how great the impact can be for you with our small change, big savings calculator.
- Simplify your super
According to the ATO there is currently $17.5 billion in lost and unclaimed super waiting for Australians to claim it. There could be money waiting for you! By claiming lost super and consolidating your accounts into one fund, not only will you increase your investment asset, you’ll also save on fees.
- Protect yourself, protect your wealth
You work hard to build a stable income and life for you and your family. What would happen if you became sick or injured and needed to stop work? How quickly would your savings dwindle? Protecting your wealth is just as important as building it. While you may have a default level of Death, Total & Permanent Disablement, and Income Protection insurance through your super… is it enough? Check how well you’re protected with our Insurance Needs calculator.
These few tips are just the start of your path to a better future. For tailored, personalised advice on how you can grow your wealth and prepare for retirement, why not speak to a Statewide Super Financial Planner today? They are dedicated to helping you achieve your financial goals and will provide you with guidance based on your exact circumstances. Click here to make an appointment.
Statewide Superannuation Pty Ltd ABN 62 008 099 223 (AFSL 243171) Trustee and RSE Licensee of Statewide Superannuation Trust ABN 54 145 196 298 (“Statewide Super”). In deciding whether to acquire, or continue to hold, a Statewide Super product, please consider the applicable Product Disclosure Statement (PDS) available at statewide.com.au or by calling 1300 65 18 65. Article issued on 14.02.19.
The information provided contains general advice which does not take into account your specific objectives, financial situation or needs. Before investing, you should consider the appropriateness of this general advice with regard to your personal circumstances. You may also wish to obtain independent financial advice.
Statewide Super holds an Australian Financial Services Licence (AFSL) that allows it to provide general and personal financial advice. Statewide Super Financial Planners are employees and Authorised Representatives of Statewide Super, who is responsible for any advice given to you by them. Statewide Super also has an accredited network of financial advisers (“Accredited Advisers”) based locally and regionally. Advice provided to you by these Accredited Advisers will be provided under the AFSL held by a third party. That third party is responsible for the financial advice given to you by an Accredited Adviser.For further information and a copy of the applicable Statewide Super Financial Services Guide (FSG), visit www.statewide.com.au or call 1300 65 18 65. A copy of the relevant FSG for an Accredited Adviser can be obtained by contacting the Accredited Adviser directly.