Make an investment plan| Moneysmart

Part of preparing for your future may involve making a plan for your money to grow. Investing is one way to increase your money over time. Use Moneysmart’s investor toolkit to get across the investing basics. Understand key concepts like risk tolerance, diversification, portfolios, and asset names. To learn more about investing visit Moneysmart.gov.au. Original Author: Produced by Moneysmart and published on 24/02/2022 Source You may also like Buy now pay later| MoneySmart  If you’ve gotten …

Grow your super in the new year

Grow your super in the new year Making an extra voluntary contribution now might improve your lifestyle once you retire. A new year’s as good a time as any to make plans. How about a gift to your future self by maximising your retirement contributions? It’s not as far-fetched or self-absorbed as it might seem. If you think of this as investing in your future self or your loved ones, it could make good sense. …

Self-employed? There’s still time to grow your super

Self-employed? There’s still time to grow your super While approximately 1.3 million Aussies run their own show, one in five has no superannuation at all. Many Australians see self-employment as a goal worth aiming for. But running your own show can mean retiring with very little in super savings – one in five self-employed people have no super at all compared to just 8% of employees. Self-employed women are especially hard hit. Among women aged …

Ways to grow your Super, Value of Advice and More

Ways to grow your Super, Value of Advice and More 1. Five ways to grow your super Are you looking for ways to boost your super account balance? Watch our video (3.01) and hear how Greg Elias, an AMP Client Adviser, explain five ways his client could grow their super to save for a comfortable retirement. He discusses five ways to grow super: 1. Bring together all your super accounts 2. Choose your super fund …

Want to grow your nest egg faster?

Want to grow your nest egg faster? How salary sacrifice can help you save tax and boost your super.   We’ve all heard of salary sacrifice—but what does it mean when it comes to your super? It means contributing extra to your super, on top of what your employer already does, in before-tax dollars. Salary sacrifice payments—classified as concessional contributions because a lower tax rate applies—enable you to keep more of your money so your …