Get To Know Your Super

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When it comes to super, everybody talks.

Watch this Video before completing this questionnaire https://www.loom.com/share/2aaf0ed2f7d245a9a52d4a0014f58944?sid=d2e07d49-3a3b-4e0c-906c-cd5c846bdad8

The media, politicians, your friends, parents, random people at parties, that guy on the podcast, even broke-aunty Judy...

Everyone seems to have an opinion, which presents a problem: How do we make clear decisions around our super?

Super is your future. It’s your money. And it’s worth the time to understand it better, and how you can use it to create the future you want.

We don’t know what we don’t know.

Success starts with asking the right questions.

So we’ve created 14 thought-provoking questions to help you think about and talk about your super with an open mind.

Complete this online questionnaire and review your results with your Waymaker Advocate.

Clear the noise and take a step into your ideal future with super!

AV COMPLETION TIME: 10 MINUTES.
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Q1. Does your current super fund offer you advice on all the super funds out there, or just their super funds?* This field is required.Note: Super funds who offer advice will only provide advice on contributions and the investment choice of their fund, based on a "Risk Assessment". It is not goals based advice .
Yes
No
I don't know
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Q2. Can you calculate how much money you need in the future to meet your living costs?* This field is required.Note: This will depend on your goals and where you want to be in 20 to 30 years time and other factors like inflation. So a basic online super calculator is not going to help.
Yes
No
I don't know
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Q3. Would you be able to calculate the growth of your super funds, based on the contributions, tax, growth, income, withdrawals?* This field is required.Note: These are complex calculations, and we can help provide these via our Waymaker/RightTrac Calculator But if we don’t know the calculations then we don’t know if we have the right answer.
Yes
No
I don't know
5
Q4. Should you have a plan that enables you to track your super balance, so as to achieve your financial goals?* This field is required.Note: We cannot adjust a situation if there is no plan or expected outcomes. Without a plan, the super will just be what it is and you could end up losing millions in lifetime income.
Yes
No
I don't know
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Q5. Should you maximise the growth of your super funds?… When there is millions of dollars at stake.* This field is required.Note: Watch the video and see what an 8% return does on just $4000 added to an investment each year, and the income difference received over the next 40 years.
Yes
No
I don't know
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Q6. Is it important for you to increase the volatility of your super or decrease the volatility?* This field is required.Note:Volatility shows the variation in the capital you have invested in your super, ie the balance. On a yearly basis your balance can increase or decrease and there will be a variation in the overall returns achieved each year. This means we can make very poor decisions on our investments due to our emotions being affected by the variations we see.
Yes - Increase
No - Decrease
I don't know
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Q7. Can an Adviser help reduce the emotions and keep you on track?* This field is required.Note: Media, often portrays things as bad or as doing better than they are. Media is too general and this leads to high emotions and making choices on emotions and not facts. We want to make choices based on facts and expert support.
Yes
No
I don't know
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Q8. Would you use an adviser to help choose investments to achieve your goals?* This field is required.Note: An adviser has access to research and understanding of what investments would provide the desired outcomes for individual situations. They have the expertise and qualifications to advice on investments to help you achieve your goals.
Yes
No
I don't know
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Q9. Will tax have a big impact on your super fund growth and balance, over time? * This field is required.Note: Tax reduces our return and reduces our contributions. The impact can be the equivalent of up to 2% lower long term returns, depending on your super product.
Yes
No
I don't know
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Q10. Would you use an index fund over a managed fund?* This field is required.Note: Index is low cost, but does not give you any control over what you are invested in. Eg ASX 300 is the top 300 companies in Australia. You are invested as per the % of each company that makes up the 300 on the day. There is no management of risk with index funds.
Yes
No
I don't know
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Q11. Would a self Managed Super Fund help you grow your super, or could it destroy your super?* This field is required.Note: SMSF is based on what you choose to invest in and you could loose all your money. You are the Trustee and responsible for what happens. You also can being paying very high fees to accountants, auditors, ATO, Advisers, to be able to run the super fund.
Yes - Grow
No - Destroy
I don't know
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Q12. The old saying is "You get what you pay for". Do you agree with this statement?* This field is required.Note: Advice that is going to change my view and help me grow requires an ongoing relationship. Therefore I pay for the advice to help me change with the changing world and this gives confidence that you can achieve your goals and better decision making.
Yes
No
I don't know
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Q13. Do you know all of the classes of assets for investing into? These are: Shares, Property, Infrastructure, Bonds, Fixed Interest, Cash, Term deposits.* This field is required.Note: Not everything is an investment. Some Asset classes here do not produce growth and long term income and returns can be very low, leading to very poor outcomes for you.
Yes
No
I don't know
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Q14. Do you know and have chosen, what your super is invested into at present?* This field is required.Note: Not everyone understands what they are doing with their super. Thats ok, because your not expert, as long as you do get help with investment advice.
Yes
No
I don't know
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Your Name* This field is required.
First Name
Last Name
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Email* This field is required.To send a copy of your results
example@example.com
Should be Empty:

When it comes to super, everybody talks.

We don’t know what we don’t know.