Most of us want to secure as big a pot of money as we can for retirement. The trick is to make what cash we put aside over our lifetimes work as hard as possible. It needs to grow and grow for the best results.
You may find your Launceston financial planner refers to compounding as one of the great wonders of investing. Superannuation compounding is no exception. So, what exactly is compound growth in super? Read on to find out.