{"id":1713,"date":"2023-01-29T22:10:22","date_gmt":"2023-01-29T22:10:22","guid":{"rendered":"https:\/\/blog.villages.com.au\/?p=1713"},"modified":"2023-01-24T22:14:31","modified_gmt":"2023-01-24T22:14:31","slug":"four-easy-tips-to-get-on-top-of-your-superannuation","status":"publish","type":"post","link":"https:\/\/blog.villages.com.au\/money\/four-easy-tips-to-get-on-top-of-your-superannuation\/","title":{"rendered":"Four easy tips to get on top of your superannuation"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1713\" class=\"elementor elementor-1713\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e9531df elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e9531df\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-016b0da\" data-id=\"016b0da\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a935bf5 elementor-drop-cap-yes elementor-drop-cap-view-stacked elementor-widget elementor-widget-text-editor\" data-id=\"a935bf5\" data-element_type=\"widget\" data-settings=\"{&quot;drop_cap&quot;:&quot;yes&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 20-08-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>D<strong>o you know how much superannuation you have saved up? You should: according to research, people who know their exact balances are more likely to be in a high-performing super fund.<\/strong><\/p><p>A survey by UMR for Industry Super Australia has found that just 26% of Australians know their exact super balance and regularly check in on its performance \u2013 but more than half of this group says they have at least an above-average fund, compared to just 28% of those who check it only once a year.<\/p><p>Industry Super Australia chief executive Bernie Dean says that if you stay engaged with your super, you\u2019re more likely to make good financial decisions.<\/p><p><em><strong>\u201cSpending a little more time checking your super could spare many people a lifetime of economic pain caused by being stuck with a dud fund that robs you of hundreds of thousands from your retirement,\u201d he said.<\/strong><\/em><\/p><blockquote><p>Getting engaged with super now will leave you with the best chance at a financially secure future.<\/p><\/blockquote><p>Here are four top tips from experts on how to keep up with your super:<\/p><ol><li><strong>Check that you\u2019re being paid everything you\u2019re legally entitled to<\/strong> \u2013 unpaid super affects around three million people per year, with a total price tag of $5 billion.<br \/><br \/><\/li><li><strong>Do you have multiple super accounts?<\/strong> Check <strong><a href=\"https:\/\/www.industrysuper.com\/understand-super\/find-lost-super\/unclaimed-super\/\">using the ATO\u2019s tools<\/a> <\/strong>to see if there is any lost or unclaimed super you\u2019ve forgotten about. It\u2019s still yours, and you can consolidate it into one account for maximum returns.<br \/><br \/><\/li><li><strong>Make sure you\u2019re with a top-performing super fund.<\/strong> Compare your fund with others out there, with a particular focus on investment returns after fees \u2013 research shows that being shackled to a bad fund can cost you up to $225,000 at retirement!<br \/><br \/><\/li><li><strong>Think about putting a bit more into your super<\/strong> \u2013 just a $20 salary sacrifice per week can mean thousands more when you retire, and also gives you a tax break right away.<\/li><\/ol><p>For more advice on maximising your super, <a href=\"https:\/\/www.industrysuper.com\/understand-super\/money-management\/boosting-your-super\/\"><strong>visit Industry Super Australia\u2019s website<\/strong><\/a>.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Do you know how much superannuation you have saved up? You should: according to research, people who know their exact balances are more likely to be in a high-performing super fund. A survey by UMR for Industry Super Australia has found that just 26% of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","om_disable_all_campaigns":false,"_mi_skip_tracking":false,"footnotes":""},"categories":[71],"tags":[77,136],"class_list":["post-1713","post","type-post","status-publish","format-standard","hentry","category-money","tag-financial-advice","tag-superannuation"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/posts\/1713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/comments?post=1713"}],"version-history":[{"count":4,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/posts\/1713\/revisions"}],"predecessor-version":[{"id":1718,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/posts\/1713\/revisions\/1718"}],"wp:attachment":[{"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/media?parent=1713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/categories?post=1713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/tags?post=1713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}