Just because you CAN doesn’t mean you SHOULD!

The figures are out, the amount of early release super withdrawn by members has far exceeded the expectations of the government. In some instances the member has withdrawn although the funds may not have been 100% required. This is a…

Just because you CAN doesn’t mean you SHOULD!

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The figures are out, the amount of early release super withdrawn by members has far exceeded the expectations of the government.

In some instances the member has withdrawn although the funds may not have been 100% required. This is a concern, $20,000 withdrawn now (especially if in your 20’s) will affect your balance by more than $80,000 in retirement.

If you’re considering this, please bear in mind the affect on retirement balance, are there other options?

We just can’t think of today.

Just because you are able to withdraw the funds doesn’t necessarily mean you should.

Stay safe, stay well

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#financialconfidence

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