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Take Charge of Your Super—One Month at a Time
Retirement isn’t a finish line—it’s the beginning of a new chapter filled with choices, freedom, and opportunities. But making the most of this phase starts with taking control of your superannuation today. The good news? You don’t have to do it all at once.
We know that sorting through super can feel overwhelming. So why not simplify it? By focusing on one key action each month, you can make meaningful progress toward a secure and fulfilling retirement—without the stress.
Here’s how to make the next eight months count:
Month 1: Make a Plan
Start with the big picture. What kind of lifestyle do you want in retirement? How much will that cost annually? Use tools like budget worksheets and retirement calculators to compare what you’ll need versus what you currently have. This step will help you understand the gap and create a strategy to close it.
Month 2: Consolidate Your Super
If you’ve worked in multiple jobs, you may have multiple super accounts. Consolidating them can save you on fees and make your super easier to manage. Just remember to check for any insurance you might lose when closing an old account.
Month 3: Choose Your Investment
Are your current super investments working hard enough for you? Review the risk and return profile of your options. Whether you’re a conservative investor or growth-focused, aligning your investment choice with your retirement timeline can help grow your nest egg.
Month 4: Top Up Your Super
Explore options like salary sacrifice or after-tax contributions to boost your balance. Even small regular contributions can grow significantly thanks to compound earnings. You might even be eligible for a Government Co-contribution.
Month 5: Review Your Insurance
Check if your existing insurance inside your super meets your current needs. Life changes—marriage, kids, salary increases—should prompt a review. If you’re under 25 or have a low balance, consider opting in for insurance protection.
Month 6: Nominate Your Beneficiaries
Ensure your super goes where you want it to. Nominating beneficiaries helps avoid unnecessary complications later. While nominations aren’t always binding, they give the trustee a clear direction.
Month 7: Get Personal Advice
Everyone’s situation is unique. Take advantage of free, simple advice over the phone or invest in a more tailored plan through a financial planner. This step helps bring everything you’ve done so far into focus.
Month 8: Explore the Perks of Turning 60
If you’re approaching 60, you may unlock additional tax advantages and flexible options like a Transition to Retirement (TTR) strategy. It’s worth understanding how to make these work for you—and again, financial advice is key.
Start Now, One Step at a Time
By breaking it down month-by-month, you can avoid decision fatigue and steadily build toward a more confident financial future. Your super is one of your most powerful tools—treat it like the asset it is.
So don’t wait until retirement is around the corner. Start now, one step at a time.
Visit ausfoodsuper.com.au or call 1800 808 614 to get started.
DISCLAIMER: Australian Food Super products issued by Australian Meat Industry Superannuation Pty Ltd ABN 25 002 981 919, AFSL No. 238829, as Trustee for the Australian Meat Industry Superannuation Trust, ABN 28 342 064 803. This information is general information only. It does not take into account your particular objectives, financial situation or needs. Before acting on this information you should consider the appropriateness of the information having regard to your particular objectives, financial situation and needs. You should obtain financial advice tailored to your personal circumstances. PDS and TMD are available at ausfoodsuper.com.au