How’d your super do?

[mcsterling]

@faithinchrist7 My mistake mate, that’s what I mean $14k in returns.

 

[snorklebee]

@galarneauwilliam Returns - $12925

Contributions- $30740

Fees + Insurance - $346

Closing balance- $150312

37 with Australian Super

 

[galarneauwilliam]

@snorklebee That sounds pretty good. Do you mind telling your total fees? Or is that it? And if so am I paying too much?

 

[snorklebee]

@galarneauwilliam $151.89 for fees and $194.21 for insurance.

 

[aldrin25]

@galarneauwilliam You haven’t told us how much your fees are, you’ve lumped tax and fees together. Super contributions and earnings are taxed at 15%.

 

[sartre321]

@snorklebee How long have you been with Australian super and have you been happy with them

How is your super split with them?

Thanks for any information

 

[snorklebee]

@sartre321 I've been with Australian Super since Sept 2021.

I have no complaints to date about the services they provide and the app is very easy to navigate.

Up until recently I was using the premix High Growth.

Last month I changed to 30% Aus Shares and 70% International Shares.

 

[polygon]

@galarneauwilliam Does money out inc tax?

 

[galarneauwilliam]

@polygon Yes and a income protection for $2500 a month or so. I feel it’s not worth it sometimes but I’ve been paying into it for 20 years now so I think I’d feel silly if I cancel it and then end up needing it.

 

[am1inside]

@galarneauwilliam I think my super was 11% return. Balance is about 120k so not great for being 47!.
Was managed by our FP. If we canned him, I’ve moved my split more into high return - happy to take that risk as I have cash up the wazoo if it goes to shite

 

[galarneauwilliam]

@am1inside Good return! Your balance is about right if you’re a woman at your age. And I should add it’s some bullshit women on average have less.

 

[truedragonslayer]

@galarneauwilliam $633K at 39, up $70K the last 12 months

 

[galarneauwilliam]

@truedragonslayer Whoa boy that’s a lot. Pretty good year!

 

[alicelight]

@galarneauwilliam Investment returns - $12,492

Contributions - $27,250

Taxes and fees - $4,169

Closing balance at the end of June was about $114k. Seems… okay-ish at 27?

 

[galarneauwilliam]

@alicelight That’s great mate!