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Investors with SMSFs ‘happier’: RaboDirect

Investors with SMSFs ‘happier’: RaboDirect

Reporter
13 March 2014

Investors with an SMSF are “happier and healthier” than investors without SMSFs, according to new research from RaboDirect.

The 2013 RaboDirect National Savings and Debt Barometer also shows one third of respondents with an SMSF expected to have $1m or more in superannuation by the time they retired, compared with 10 per cent of those who had another form of superannuation.

Twenty-nine per cent of those with a standard super fund did not know how much they expected to have in super by the time they retire, RaboDirect stated.

“There is clearly a keen interest and appetite among Australians for this hands-on control of super and ultimately their retirement,” said Greg McAweeney, group executive manager of RaboDirect.

“In fact, our research shows that 14 per cent of the nation researched SMSFs online last year.

"Regardless of where people currently have their super invested, we could all take a cue from SMSF investors by taking a more proactive approach to our financial outlook.

“By actively taking control of our finances, we may get some of the peace of mind and health benefits that SMSF investors enjoy.”

Investors with SMSFs ‘happier’: RaboDirect
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