One of the most common misconceptions about super is that it’s risky! This has stopped many people from benefiting from the tax savings it offers.
Your super fund is not an investment product. It’s a tax entity. Through it, you can access attractive tax benefits to build long term wealth, i.e., save for when you stop working partially or completely.
The difference between the amount of tax you pay as an individual and inside your super is MASSIVE.
Making the most of your super fund allows you to pay LESS tax and keep MORE to yourself. And with the help of compounding, you get to build wealth and reach financial security FASTER.
Now, back to ‘But super is risky!’.
You get to choose how you invest money in your super fund. Your choice of investment determines how much risk you’re taking on. You can choose from a wide range of investment choices to match your goals with your risk appetite.
Regardless of the investment you choose, your super fund will always offer the same tax savings.
So, if you’re looking for ways to reduce tax and grow wealth faster, your super fund is a great place to start!
As always, feel free to reach out to me if you have further questions.