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Super Basics – Part 3: How much superannuation do you need?
Your super is there to help you live a comfortable retirement. The government guarantee (known as the Superannuation Guarantee) means that your employer must make regular contributions to your super account – currently, they must contribute 10.5% of your salary. You can also make your own contributions, and many people do. After all, the more you have in your super account, the more comfortable your retirement will be. But how much do you need? Well, Read more…