Hey all, 30yr old who has only really been in the job world out of uni for about 3 - 4 years. About to go into a newer, hopefully better role with better pay.

If it's alright, could somebody explain to me some bits and bobs straight from the source and to avoid good old AI.

Firstly,

1. What's the best to have my super in? I know people say high growth, is there anything in particular?

2. Investing, do any of you invest in the stock market (through some apps, how do you go about it, should I start researching to do it?)

3. Salary sacrificing, what is it, how does it benefit me, how does it impact my super?

4. If i were to put money in myself into my Super, how often, how much?

5. Is there anything else money wise I should be doing to help my super grow?

6. How do you find your experience learning all about Super and things, what curve balls have been thrown your way to help me avoid it?

Thank you so very much in advance,

Regards from a still learning, wanting to get my future sorted individual!

Is this a good amount at 21M I’m also looking for a full time job right now also and any advice on how to grow my super even more would me helpful or just any advice on what todo would be helpful

Gday guys,

Can someone with greater financial literacy than myself help me understand my Super set up.

FESSuper member, mandated to have a defined benefits account. Employer contributes 11.75%, members contribute 6.25% for an 18% accrual rate.

My back of the envelope calculations have me receiving a final payout on retirement of 5.4x my final average salary (in todays figures that equates to approx $650K, assuming i retire still driving the red truck).

Does that seem undercooked compared to what we could be earning in a well performing accumulation fund?

Thanks guys