Saving for retirement might not seem important, especially when there’s the super guarantee and aged pension to fall back on. But employer contributions and government benefits may not keep you as comfortable in later life as you’d like. Here are 5 reasons to make saving for your super a priority in the coming year.
The key points are as follows:
You can expect to live longer
You have a bucket list
You don’t have a crystal ball
You could save on your tax bill
You can harness the power of compounding