Recently explained to a client the impacts of her proposed work practices on the future accrual rate of her Defined Benefit Super Fund.

She’s had her super fund for around thirty years, but had no idea about the impacts of accrual rates and her level of workforce participation prior to retirement could have on her eventual entitlements. If she’d done what she planned. She’d been about to make an expensive mistake until I explained her options.

When researching her super, the person on other end was surprised by the detail in my questions, apparently they never get asked what I wanted to know!

Now, she has an improved understanding of how to maximise her entitlements prior to retirement, most importantly it’s without creating detrimental impacts on her final entitlements!

The next part of us working together will be to put into play other strategies and investments to help build more wealth prior to her eventual retirement.

Helping people to get better outcomes, it’s enough to make my day!