Superannuation and SMSFs

While it might not seem like it, your superannuation or ‘super’ as it’s more commonly called, is likely to be your greatest asset (aside from your family home) as you approach retirement.

Superannuation is one of the most effective ways of saving for retirement. Most salary or wage earners will have some form of savings, yet many are unfamiliar with how it works or how to create an effective superannuation strategy.

For instance, those unaware of their superannuation fund may find that their savings are held in the default (or balanced) option, which may not be ideal for their circumstances, retirement goals, or what we call your ‘tolerance towards risk.’

This could mean retiring with less money in your super fund than you may have otherwise accrued had the investments been more appropriately structured according to your needs, situations, and objectives.

At Nascent Wealth Partners, we understand the complexities of the superannuation environment including self-managed superannuation funds (SMSFs) and can help you to structure a superannuation strategy that’s right for you.

To find out more about our approach to superannuation, please contact us.