Easy Step-by-Step to Boost Your Super Balance (All you need to know!)

If you are looking for ways to boost your super balance, this is the video that reveals all the things you need to know step-by-step to increase your superannuation balance.

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[Hunty]

Another important thing to take a look at is insurance. Income protection, accident or injury and life insurance can be extremely affordable through super funds than private companies. And make sure that you have a nominated insurance scheme.

[tangles]

Great vid, I would recommend making the co cont before sal sac though. The guaranteed co cont. return is higher than the tax savings if your income is within the defined boundaries.

[neerajverma]

Thankyou very much for this video it's so helpful

[rob_]

Hi Irene, wow, thanks for the personal message regarding my comment last year in annuities.
Since then, I’ve decided on establishing an income stream from my super account when I retire
This should be shortly when I sell my house and move to Thailand for permanent retirement. I’m now in the process of getting my head around the new tax implications of bringing money into Thailand that started this year. Wish me luck in that endeavour.
Keep the great work up.
Rob. Australia. (Thailand soon). 😊

[rob_]

Hi Irene, just thought I’d let you know I like your straight forward approach to investing and look forward to watching your new videos. I was just wondering if you’d ever do one on annuities?
I’m planning to retire overseas and plan on selling my house and invest the money. An annuity looks good for my portfolio, as it seems to be hassle free, long term type deposit option to consider with regular monthly payments. I’ll still have lots in super, shares and HISA in my portfolio, but to have a regular steady income from an annuity is tempting.
Keep the great work up, and looking forward to your next video. Rob. Sydney.

[davidg]

I heard that If you have under $500 000 in superannuation in Australia you are allowed to put a lot of extra money in super eg from inheritance money in one hit. Does this mean that if I have $425k in super I should minimise contributions?

[Skobeloff...]

Step 1: opt out of any life insurance they are offering
Step 2: keep a close eye on them, a lot of Australians lost a lot of superannuation in the last few years due to poor investing by their fund.

[paulinezheng]

What are the items of investment are stable and won't lost money in super fund? Are they cash and fixed interest?

[paulinezheng]

I set up SMSF, should I close my super fund? Or keep it?

[Woodland]

I have exceeded 3m already. Probably 2x TBC within 2 years. Investment went very well.