10 Ways to boost your super savings
Many of us turn a bit of a blind eye to super. We know it’s there and we know it’s ours. We just hope, or think, it’ll be enough when the time comes. If it isn’t, we’re probably somewhat familiar with the government’s age pension and might figure that could be a back-up plan should we fall short.
Little do some of us know that not everyone is eligible for the age pension and if we are and plan to rely solely on it, we may have to live a less than a modest lifestyle in our later years1. So, approximately how much super do we need and how might we boost our super savings, while also making the most of the tax benefits generally available inside the super system?