This year is as good a year as any to get your finances in order. We’ve put together a few tips and resources to help you get started.
Put your news year’s resolution to work
Planning on quitting smoking or drinking less alcohol in 2017?
According to AFSA’s Super Guru website, you could end up with $120,000 more in super at age 65 by giving up one pack of cigarettes a week. If you gave up a good bottle of wine a week (around $30), you could end up with $145,000 more in super at age 65. These figures are calculated for a 30 year old retiring at age 65 with their super invested in a moderate investment option.
Get all your super slices together
The latest ATO data reveals that 43% of Australian super savers have more than one super account, accumulating different funds over their working life.
By having your super in once place, not only will it be easier to keep track of, but you won’t be paying fees for multiple accounts.
For more information on how to transfer your other super into your Vision Super account, or to find any lost super you might have, head here.
Take Vision Super with you
If you’re starting a new job this year, it’s important to remember that your super is your money – no matter where you work, and in most cases, you don’t have to change super funds.
To stay with Vision Super, all you need to do is fill out our Choice of Fund form, and give it to your new payroll officer.
Calculate and review your finances
We have a range of online tools and calculators designed to help you review your spending, investments, insurance and more.
- Review your spending, and work out a budget using our budget tool.
- Review your investment selection using our investment choice tool, and make changes to your selection at any time via Vision Online.
- Review and update your insurance cover by logging into Vision Online and using our insurer’s calculator.
Talk to us
Whether you have a quick question, or want in-depth financial advice, we have a service to suit your needs.
If you’re after financial advice around a specific aspect of your super, the Member Services team can refer you onto one of our advisers who can give you single-issue advice free of charge.
If you’re looking to create a financial plan or strategy for retirement, you can book an appointment with one of our highly qualified financial planners.
Vision Super staff are based in our Melbourne office – not an outsourced call centre, and never receive commissions or bonuses for recommending particular products to you - so we can guarantee their advice will always be in your best interests.