3 MINUTE READ

Here’s a thought to ponder… The biggest regret of people over the age of 65 is that they didn’t save more money for their retirement. Retirement means no longer working (you don’t retire from life) and the reality is that most people don’t have the money to do all the things they’d love to do right at the time in their lives when they suddenly have all the time in the world.

Depending on your age, retirement may seem a long way off, but the reality is that the decisions you’re making RIGHT NOW are going to have a big impact on what your financial future looks like. And what you’re doing with your superannuation is a key part of the equation. Superannuation may not have floated your boat in the past and if that’s the case then now’s the time to start taking it VERY seriously if you don’t want to end up filled with regrets many years from now.

What will the look on your face be when it comes time to retire? For many, if not most, retirement comes with a sense of fear when the realisation comes that the money they have is not going to last the journey. In fact, the biggest fear of retirees is the fear that they will run out of money. They fear it more than dying! And when you think about it that makes sense, life isn’t much fun living in virtual poverty.

Many people believe that they simply don’t earn enough money to get ahead, however, what makes people financially successful isn’t how much they earn, it’s what they do with what they earn.

There are lots of strategies available to everyone when it comes to managing money, however, there is one that is compulsory for everyone who’s in paid employment – superannuation. And for most people, super is a mystery because they’ve never had it explained to them. It’s one of the key areas of the financial education I provide because I want everyone to have a clear understanding of what superannuation is and how to make theirs work as hard as possible.

In the next few weeks, you’ll be getting your annual superannuation statement. If yours arriving in the mail (or your inbox) hasn’t been something that’s excited you in the past, then RIGHT NOW is the time to start changing the way you think about super. After all, who wouldn’t get excited about a stockpile of money building up to pay you to one day no longer have to work? What better time to get some financial advice so that you can take control of your money and learn how to create the financial future you deserve from all the hard work you’re doing!

Cheers,

Daniel