What Is Superannuation?

The aim of this episode is to learn about concepts about superannuation. Most people don't think about their retirement until they start realizing it's not too far away. Now if you're in your 20s and 30s and listening to this episode do not ignore your superannuations. Think of superannuation as a structure. That's all it is. Inside that structure there are various investment schemes, most of these schemes are incentivized by the Australian government to encourage you to look after yourself during retirement. Some of the contribution rules you need to be aware of how contribution tax works.