A Reader Asks…

I’m under 40, and I’m planning for my retirement. I plan to retire when I’m around 60-65. So, what would be the best way for me to save money till then?
Also, I want to save without any risks. I don’t want to end up WITHOUT money.

Many people make the mistake of just assuming that the broker they choose to work with will always treat them right. This is a huge mistake to make and can cost you a lot of time and money if you are not careful. Making an effort to ensure you know what you are doing is very important since it can have a substantial impact on your overall ability to be successful rather than continuously lose large amounts of money.

A broker can help you learn the terminology

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Superannuation provides a tool for saving for retirement. Both yourself and your employer can contribute to it over time and this money is then invested into a variety of  appropriate investments such as shares, property, savings accounts and government bonds.

When you retire, or qualify for your superannuation due to disability or death you will receive the money (less charges and taxes) either as regular

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