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Why investing in super can turbocharge your returns – Motley Fool Australia
Let’s take a quick look at some of the arguments for and against investing your extra cash in super this year.
It’s the age-old question: should I be investing in super?
The Aussie superannuation system can be divisive. Many, particularly the younger cohort, are reluctant to invest additional cash into their super funds.
However, I’m a big believer in the power that super funds can have to turbocharge retirement plans.
Here are a few reasons why investing more money in super can be a great idea for investors of all ages.
Concessional contributions are taxed at 15%
This is a really big factor in favo…
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