While $1,000,000 may initially seem an extravagant goal, it is a goal worth seriously thinking about as part of your 2021 New Year’s resolution.
ASIC has a calculator to help you work out what might be possible for your superannuation and retirement if you commit to making voluntary contributions.
HOT TIP: If you have or are aiming to have $1,000,000 in your superannuation when you retire and want to explore financial advice and low cost superannuation options, we are an organisation you should talk to!
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Disclaimer: The information in this post is of a general nature only and has been provided without taking account of your objectives, financial situation or needs. No representation is given, warranty made or responsibility taken about the accuracy, timeliness or completeness of the information and it must not be acted on. Because of this, we recommend you consider, with the assistance of a financial adviser, whether the information is appropriate in light of your particular needs and circumstances. Past performance is not a reliable indicator of future returns.