When super funds send out their statements to clients, they put how much their fund has grown at the very top, and this usually says something like 20%.
Take a moment right now if you have your superannuation statement and see what your Super is telling you.
The problem (in many cases) is that this number includes your contributions, not the actual rate of return on your investment.
In our opinion, this is misleading. You aren’t being given the true picture of how your Super is performing. Your Super is likely underperforming if they are hiding your real rate, and in some cases, you could be losing money. And nobody is telling you…
- If this is you, keep reading. Or just call us now to fix the problem: 1300 AGAT (2428) 00
- If it’s not you, great! Pat yourself on the back for having a straight-shooting Super. Send us a message even, we’d love to share your story 🙂
- If it’s not you and you know someone that has this problem, send them this article, they’ll thank you!
Your Actual Rate of Return
You don’t care how much your Super grew with your contributions included. Of course it grew if you paid into it! If it didn’t, then you would have a very low performing Super fund indeed…
You care about how much your fund grew due to the quality of the investment.
Ask yourself – why would my Super hide the real rate of return? Why would they artificially increase the percentage?
Maybe, it’s because your Super could be doing better. We exist to help you find out if it’s possible. In most cases, it is, and the majority of the people who talk to us see a strong increase to their Super projection.
Here’s an Example
Let’s say you have 100,000 in Super, over the year you invest 15,000, and your fund grew by 5%. By next year, your fund will be at 120,000.
Is that a 5% return or a 20% return?
The real rate of return is 5%, but many Supers will say 20% – you see your annual statement and think, great! My retirement is going to be excellent!
Let’s wind back the clock and start at 100,000 again. You invest 15,000, and your Super lost 2% on the market.
Is that a -2% return or a 13% return?
The real rate is -2%. If you saw -2%, you would take action, quickly. But most Supers put 13% up top. 13% is great! And you think your retirement is shaping up nicely.
Find Your Real Rate
Just call us. Grab your statement, give us a call, and let’s lift the hood on your Super.
The call is free. Seriously. We exist to help every Aussie with their Super. Let us help you too.