Superannuation Advisor Melbourne | Superannuation Financial Advisors Melbourne

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Superannuation Myths Can Impact Your Retirement
Savings
www.sfadvisory.com.au 61 3 9034 4883
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Australia Superannuation as Most Systematic
Efficient Scheme
With an approximate 2.8 trillion dollars,
Australias superannuation retirement saving
pool is getting enormous. Considered as a model
for other countries, Australias superannuation
is hailed as one of the most systematic and
efficient retirement schemes. There are a lot of
misconceptions about super funds which has
apparently created aversions among Aussies and
impacting their retirement savings.
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Superannuation Funds Has No Effect on Your
Retirement Outcomes
An increasingly large number of Australians
between the ages of 65 69 depend on the super
as their primary source of income during their
retirement. With the dependence on
superannuation funds escalating and super
delivering more retirement incomes, theres been
a steep decline in the number of people relying
on old age pensions.
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You Cant Use Your Super Funds Till You
Retire
Super funds is a medium to manage and save your
money up until you reach the age of retirement.
The fact is that you have complete control over
it even before you retire. So, in case you are
not satisfied with your service provider, you can
always switch to a better one.
Scheme for Those Who are Above 50
You dont need to be above 50 to start working on
superannuation. Most Aussies enjoy long lives
and better health. This means you require
additional money if you want to live comfortably
and sustain a moderately decent lifestyle post
retirement. You might even have to top up the
Super to attain complete financial independence
throughout your working years.
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Superannuation Doesnt Work Well to Get People
Off Age Pension

• Large proportion of people have reasonably good
  superannuation balances that work well past the
  retirement age. According to an estimate, since
  1997 the number of Aussies above the age of 65
  on aged pension fell from 79 to 70. The trend
  also shows that its expected to drop below 60
  in the coming years.

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Contact Us
61 402 895 593 (03)90344883 clientservices_at_sfa
dvisory.com.au
www.sfadvisory.com.au/
13/11 Narelle Drive, Aspendale Gardens
VIC 3195 Australia PO BOX 323 Mentone
East Vic 3194