Everything about superannuation you wanted to know but where afraid to ask..
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Superannuation Funds Will Have a Default Investment Option
compound interest is an ingenious way to save and grow people's savings. So when i pay my super and it goes into my account, it doesn't just sit there. Where does the money go? Or case the money's invested on your behalf by the super fund. Australian super has a calculator on its web side that you put in your age, your income, what you've got in super and projects,. with a whole lot of assumptions s of what it's going to be so many years down the track. You can see the impact that an additional contribution has on that end result.
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