Superannuation
“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” – Albert Einstein
For many, many Australians, there is no more relevant and important definition of this ‘eighth wonder of the world’ than their Superannuation. Today, the average life expectancy for both men and women in Australia is over 80. This means that for a 40-year old in Australia today, they can generally expect to be contributing to their Super for the next 20 to 25 years, and then will be reliant on the earnings they have accumulated in their super to potentially fund them for another 15 to 20+ years in retirement.
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If the goal is to ensure your money does not expire before you do (hint… that’s a very common goal), then that equates to a minimum investment term of 40 years for today’s 40 year old.
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Using the Australian governments simple compound interest calculator below demonstrates that just a 2% difference in return on $100,000 invested over a 40-year period equates to over $1.33 million differential in earnings, meaning compound interest really is the eighth wonder of the world.
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Superannuation is a crucial investment that sadly is all too often gets overlooked, with many Australian’s not even aware of where, or how their retirement nest egg is being managed and invested.
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At Antea, we can’t expand on Einstein’s theory of relativity; however, when it comes to Superannuation we are the experts, and we do know how relative superannuation is to your financial future (for most Australians, a healthy Superannuation is very relevant to ensuring they can enjoy a comfortable retirement). We understand Superannuation inside out, and we are here to provide you with expert guidance on fees, performance, and ensuring that you are ‘earning it, rather than paying it’, so that you achieve your retirement goals with confidence.
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We'll work together, taking a careful look at your unique situation, preferences, and goals, to create an investment mix that is individualised to your needs and appetite for risk, and fits you like a glove. But our support doesn't stop there. We're committed to being by your side, offering ongoing advice, unwavering support, and strategic guidance, so your superannuation keeps working hard for you in the long run.
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Antea takes great pride in our wide range of services designed to make your superannuation experience extraordinary. From helping you track down lost super to making the process of consolidating multiple accounts a breeze, we handle the nitty-gritty with utmost care. And that's not all! We're pros at navigating the ins and outs of the First Home Super Saver (FHSS) Scheme, skilfully managing Self-Managed Super Funds (SMSF), optimising salary sacrificing strategies, and implementing clever pension tactics for a smooth transition into retirement. We're also passionate about sustainable superannuation practices, so you can align your investments with your values. Oh, and let's not forget our knack for facilitating downsizer contributions, giving you the power to make smart financial decisions while maximising your superannuation's potential.
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Ready to embark on a game-changing journey? Reach out to us today to kickstart an enlightening chat about your superannuation. Experience the expertise, dedication, and meticulous attention to detail that Antea Financial Services brings to the table. Together, we'll unlock the true potential of your financial future and help turn your retirement into your own ‘eighth wonder of the world’.