Superannuation, or simply super, is a regular payment or contribution made into a fund or account for your future pension. It's usually an organisational pension programme, and the amount is deducted from your salary and paid to your super account. If you are self-employed, you can also set aside a certain amount towards your super account. Essentially, your super fund invests the amount, earning returns that help boost your retirement savings.
15 June 2021
Finances are a significant concern for most seniors. Once they retire, they may no longer have the luxury of a constant flow of income. Besides, they may have increased financial needs since they may have to move to specialised facilities. Below is an article with four financial planning tips for senior citizens. If Possible, Downsize Your Home The truth is that you no longer need an expansive property as you age.
4 June 2021