Can I use my superannuation to buy a house?
With housing prices rising over the past decade, the Great Aussie Dream of owning a home can seem just that - a dream. But did you know you can use your superannuation account to help save for your first house deposit? In this episode, host Anne Fuchs and super educator Megan Ashenden break down how the First Home Super Saver Scheme works and the pros and cons of taking money from your super to buy your first home.
#Superannuation #Retirement #Super
FOLLOW SUPER INSIDER:
Apple Podcasts - podcasts.apple.com/au/podcast...
Spotify - open.spotify.com/show/1aXYHWZ....
Like this video? Hit the thumbs up button and share with a friend who might enjoy it.
PLEASE LEAVE US A COMMENT
Our aim is to make Super Insider useful for you. If you found this episode helpful, leave a comment and let us know the topics or questions you’d like us to cover on future episodes. Thank you!
CREDITS:
Host: Anne Fuchs, Australian Retirement Trust Head of Advice and Guidance
Guest: Megan Ashenden, Australian Retirement Trust Member Education Officer
Any advice given is provided by representatives of Sunsuper Financial Services Pty Ltd (ABN 50 087 154 818, AFSL 227867) or QInvest Limited (ABN 35 063 511 580, AFSL 238274), both wholly owned by the Trustee as an asset of Australian Retirement Trust. As representatives, they may recommend ART superannuation products when they are appropriate. Please refer to the relevant Financial Service Guides available at art.com.au/fsg for Super Savings and at qsuper.com.au/disclosure for QSuper. The content is provided for general information and educational purposes only, any personal views and opinions in this podcast are not necessarily the views of the Trustee.
This information and all products are issued by Australian Retirement Trust Pty Ltd ABN 88 010 720 840 AFSL No. 228975, the trustee of the Fund, Australian Retirement Trust ABN 60 905 115 063. Any reference to "QSuper" is a reference to the Government Division of the Fund. Information is correct at the time of publishing. This is general information only and does not take into account the investment objectives, financial situation or needs of any particular individual. You should consider if the information is appropriate to your own circumstances before acting on it. You should also consider the relevant Product Disclosure Statement (PDS) before deciding to acquire or continue to hold any financial product and also the relevant Target Market Determination (TMD). For a copy of the PDS or TMD, please phone 13 11 84 or go to the Australian Retirement Trust website at art.com.au/pds or for QSuper products visit qsuper.qld.gov.au/pds or call us on 1300 360 750 for a copy.
Пікірлер: 11
Super should be buying home and renting them back to members. Capital growth, rental income. Benefits members and the fund !!
What on earth does super help for people without a home?
This sounds so convaluted and not explained very well or simply how super can be used. Sometimes I think these are meant to be convaluted so you don't acctually access the money for the said scheme. Like why don't you just say " Personal contributions / Salary Sacrafice is the money portion of super you can access and go from that point. After all it is what the video is about. But the reality for many australian's SS / Per Contributions isn't gonna really help much towards a deposit, given most properties in Australia are 900K$ and up or single income. Anyway I just think these kinds of topics should be more thought out and clearly structured and simple.
After my nasty divorce I am left with only 300k in your super fund. I am 60 unemployed. Can I use my 300k to get into a over 60’s retirement village
@AustralianRetirementTrust
5 ай бұрын
Thank you for your message. We only provide general information on KZread. - this helps us protect members’ accounts. For specific information about or changes to your Australian Retirement Trust account, please contact us via email or live chat at www.australianretirementtrust.com.au/contact-us. Or you can give us a call on 13 11 84 (+61 7 3121 0700 when dialing from overseas) Monday to Friday 8am - 7:30pm AEST. For your own security, we also encourage you to delete any Australian Retirement Trust account information you might have sent us via KZread. ^Regards, Hank
Meanwhile the growth is pathetic
If I invested $10,000 investment in Apple stock at the beginning of 2012 would now be worth just over $106,000, assuming the dividends paid out by the tech giant were reinvested. That translates into average annual returns of just over 25% over the past decade.
lol 15k a year for a 50k to pull out. what the hell are you going to do with 50k
Looking forward to seeing how many people can't afford to retire in around 50years but I guess out of sight out of mind is the government and general populations train of thought 😂even better when they will be forced to up retirement age
Nonsense nonsense nonsense nothing has only upside it also has a downside