“Because at this point of life, your superannuation balance is somewhere near its maximum, giving it a few extra years to compound can really kick the balance along meaningfully.”
Paul Benson · Financial Autonomy · Have You Left It Too Late to Retire Comfortably?
Play from 3:18
3:18
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What was described
advise clients to work a few extra years before retirement to let super contributions compound and reduce the number of years the super needs to fund
extra 5 years; super needs to support 30 years vs 25 years
Said nearby on the same subject
“If you're weighing up whether to contribute an extra $1,000 into super each year, it's probably not going to move the dial. I don't think you'd go and get financial advice for that”
“We've delivered payday super, ensuring workers receive super with their wages, and I pay tribute to the work of the Treasurer on this. This was a gaping $6 billion hole before those reforms.”
♫
Said on Australian Parliament: House of Representatives
“Join your local chamber of commerce… they put on tons of networking events every single week… it costs a few hundred dollars for a year's membership… they’re super loyal to their own members”
CM
Clay Mosley
Freelance to Founder ·
Growth tacticcost a few hundred dollars for a year's membershipShare this moment
“Run the company and you need to be their best friends… who’s super close to the CEO? Who’s super effective at working with that person?”