Salvage Your Super by Geoff Peck

Author:Geoff Peck
Language: eng
Format: epub
Publisher: Wiley
Published: 2012-02-07T00:00:00+00:00

The next step

The action plan for you is relatively simple and it can be done in steps:

1 Consolidate—get your superannuation all in one good fund that suits you.

2 Choose your investment strategy—time is still on your side and this allows you to look at risk differently.

3 Make additional regular contributions to your fund—this may be the period of your peak earning power and some of it needs to be put aside for the future.

4 Do a regular review of how your fund is tracking to your retirement goals—bank your winnings when you get ahead.

5 Use your fund’s services—look at your life insurance needs, review the education services and think about getting financial advice.

6 Read the next chapter to see how pre-retirement planning can make a difference.

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