Although talk of retirement is enough to make the eyes glaze over of those under the age of 40 (and even a few of those under age 50), it doesn’t have to be dull – unless of course the thought of having a lump sum of around $1,000,000 to play with bores you to tears. That is what someone who enters the workforce at 21 and works until they are 65 can expect to have courtesy of the compulsory superannuation system.
But the possibility of a big fat lump sum payment aside, there are compelling reasons why you should make the most of your superannuation, the least of which is that a life spent on the old age pension may not let us live out our retirement dreams.
So what? You think. Surely you can worry about it later.