Superannuation is money for your future.
It’s is money for your retirement.
Super is a long-term savings plan designed to provide you with an income when you retire. For most Australians, their super will be a significant part of their income when they retire.
Your employer must pay 9.5% of your salary into your nominated super fund. This is their legal requirement and called the Superannuation Guarantee (SG). Along with this, additional contributions can be added to the fund by you from your before- or after-tax income.
Due to the power of time and long-term investing, super grows over the course of your working life. Along with the contributions, the investment returns are invested and re-invested, building up your capital over time.
When it comes to managing your super, the decisions you make now can have a huge impact on your retirement. The right choice for you is dependent on many factors including your age, investment experience, tolerance to risk, needs and objectives.
Ricarmo Financial Group are leaders in the industry and offer two main superannuation services.
Find out more about our Managed Superannuation
Find out more about our Self-Managed Superannuation
Alternative, contact Ricarmo Financial Group today and speak to one of our specialists.