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Why should I save through Super?
Whether you've just started working, or are rapidly approaching retirement, it's never too early - or too late - to start saving for your retirement.
Many people put off planning their retirement: it's too far away, paying off the house takes priority, or they simply do not know where to start. But the early bird does get the worm ...in fact, it could cost you more if you wait too long before starting your retirement savings.
While the government does provide support to retirees through programs like the Age Pension, the population as a whole is aging. This means that there are fewer people working to support these government schemes. This may mean that qualification criteria to receive these pensions become more difficult to meet and you may have to rely purely upon your savings to fund your life style in retirement.
We are now living longer than ever before, which means that our retirement savings or superannuation also has to last longer.
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