Explained: Choosing investment options inside Super is scary, confusing and important all in one.
Indeed, choosing the wrong versus right Super investment option could make or break your retirement strategy.
Fortunately, in this video Owen explains the things to look for when you’re choosing investment options (also called Superannuation investment strategies), including:
- Your time to invest
- Good & bad performance
- Costs (for more about Super costs, try this video)
- Asset allocation (or ‘how to read the pie charts’)
Superannuation Costs & Fees Explained
Rask Tip: Paying 1% more in Super fees could mean 20% less at retirement (e.g. in 30 years). It should take a few hours — at most! — to choose a Super investment strategy/options and keep costs low.
Boosting your entire life savings by 20% in a couple of hours?
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