Super and Retirement is Low on People’s Priorities but People will Become More Engaged – It’s Going to Take Time

Super and Retirement is low on people’s priorities but people will become more engaged – it’s going to take time

Super and Retirement is low on people’s priorities but people will become more engaged
– It’s going to take time

Superannuation fund members in countries such as Australia are going to become more engaged with their balance, according to the US expert Donn Hess, but it is going to take some time.  Mr Hess, who is head of strategy for retirement plan services at JPMorgan Asset Management in the US, based in Kansas City, said that in the US in recent years retirement had slipped down the list of top domestic priorities.  “It’s now below daily financial concerns,” he said. “Some 70 per cent of Americans cite paying down debt and other day-to-day expenses as their primary financial priority and only 13 per cent say retirement savings are of top importance.” writes Andrew Main, The Australian, page 31, 1 Dec.

The question is, will you also let super and retirement drop in YOUR priority? What is your priority at the moment? Is debt and day-to-day your focus? There are 5 steps to plan for your financial future – Where are you now? What do you want to have? What will it cost to have that lifestyle? What do you need to have that life? What do you do now?

For a growing number of people, being proactive and getting informed is the first step, then taking control of your super is one answer. If you would like to learn what self-managed super (SMSF/DIY) is all about, come to a FREE seminar and get a Roadmap, including the steps BEFORE you decide, a step-by-step checklist of what to do to set up an SMSF, and a checklist of running your SMSF each year. See our seminars link top right.

Post a comment on your thoughts, we’d love to hear them!


About SuperBenefitnews

Self-Managed Superannuation Service Providers in Australia. SuperBenefit provides a wholistic SMSF assistance, education and administration service continuum - 1. “assistance” is help of whatsoever nature where our overall SMSF experience and knowledge enables us to provide assistance/help without any legal (or “license”) limitations. 2. “education” involves providing knowledge through teaching, coaching and mentoring about all matters SMSF, including (but not limited to) investment issues such as equities and property, 3. “administration” encompasses all admin aspects of legally required SMSF trustee and member record keeping including (but not limited to) audit and ATO matters. In keeping with our key point that SuperBenefit does not provide Financial Advice, where issues arise from 1, 2, and/or 3 above Indicate a need for a legally authorized provider (such as a Financial Adviser) and the client does not have their own service provider, the client can utilize SuperBenefit’s ‘Connect Assist’ … SuperBenefit, in itself, does not provide Financial Advice, but it does provide the wherewithal for great SMSF service. WE do not provide Financial Advice or any other service that requires a legally authorized provider. However, where such advice or service is required we have our ‘Connect Assist’, a SuperBenefit resource we use to connect clients to a Licensed Advisor or other legally authorised service provider. Call us 0407 361 596, no obligation FREE Connection call to see how we can help you!
This entry was posted in Retirement Planning, SMSF Seminars and tagged , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s