We all have superannuation accounts.  Most people have adopted the default option offered by their superannuation provider.  Generally, these default options do not truly reflect the type of investor you really are.

Is your superannuation invested to suit the type of investor you really are?

For most of us, superannuation is our biggest investment outside of the home we live in.  However, there is a fair chance that you have no idea how your superannuation money is invested or know who is managing your superannuation.

The money that goes into your super fund is real money. 

You may know that you have an industry super fund or that your employer contributes into a fund on your behalf.

  • It is part of your salary and you should take an interest in who is looking after your money and how it is being invested.
  • Not knowing how your superannuation is invested is a risk in itself.

Having a financial planner personalise a strategy suited to your risk profile is the first step and will help you understand how your money is invested.  It will increase the chances of achieving long-term financial security.

Imagine you have $100,000 in the bank and you would like to invest that money.

You worked hard to earn that money and there is usually an emotional attachment to your investment decisions.

  • You can see in your bank account and can access it at any time.

It is human nature to want some say and input in the investment process.

  • You will also want to understand the investment risks in order to be comfortable with your investment decisions.

It makes perfect sense that you would want to know how and where your money is invested.

Now let’s look at your superannuation.

That same $100,000 in super is still real money that you earned as part of your salary.

Because that money is in a super fund,  it is more than likely you have no idea where that money is invested and who is investing that money on your behalf.

So why the difference and why haven’t you taken steps to know how your super is invested?

We have developed a risk profile quiz to help you determine what type of investor you really are.

A risk profile questionnaire will evaluate your tolerance for investment risk.

It is an important tool in determining the proper investment application for all your investments and can be used to help you to be comfortable with your investment decisions and ultimately assist in achieving your long-term financial goals.

The outcome of your risk profile is a valuable tool used to set strategic objectives for your investments; to keep you on track to achieving your financial goals; and to instigate deep-dive conversations with your financial adviser.

For example:

If are you are young and have just started out in your career, you may have a higher risk tolerance for investing than someone who is well into their retirement years.

On the other hand, those of you who are close to retirement, with larger superannuation balances, do not necessarily need to be too conservative with your investments in order to generate your retirement income.

  • People retiring should remember that you are investing your money for potentially the next 20 to 30 years.
  • Understanding the type of investor you are by regularly reviewing your risk profile will help you preserve and maintain your lifestyle in retirement.

As opposed to relying on a “one size fits all” default superannuation portfolio, our financial planners will tailor an investment strategy, which includes your superannuation, and set you on the path to achieving your financial goals.

Having a financial planner personalise a strategy suited to your risk profile is the first step and will help you understand how your money is invested.  It will increase the chances of achieving long-term financial security.

It is for these reasons that having a tailored financial plan should be an essential part of your financial future and security.

Take our quiz to determine what type of investor you really are.  SWM Risk Profile Quiz

Then call us for an appointment to help you compare it to your current superannuation policy.  

Craig 0437 110 000