It’s important to make sure your money is invested to match your needs and lifestyle goals.
Everybody’s different – some people like to take on more risk with the aim of realising greater returns over the long run, while others prefer a safer, more conservative approach. Over time, your priorities, goals and appetite for risk will change too. Which is why it’s important to check in from time to time to see if your money is invested in the options that are right for you.
Thinking about changing your investment options?
If you’re thinking of changing your investment options, here are some handy things you may want to know.
Put your investments on autopilot with Glidepath
Glidepath is an investment option designed to meet your needs today and into the future. Glidepath adjusts your growth and risk profile over time. When you’re younger, and further away from retirement, Glidepath will expose you to more higher risk, growth assets and less lower risk, defensive assets. When you’re older, Glidepath will expose you to more defensive assets and less growth assets – this is because you have less time to weather a downturn in the market.
There are four stages. If you don’t want control of your investments, the best thing is you’re automatically invested in a stage depending on your year of birth. It’s like autopilot for your super!
Other investments options
Consider the likely investment return, the risk, and your investment timeframe when choosing an option in which to invest.
What are you investing?
Along with your priorities, goals, and appetite for risk, another factor you may want to consider when looking at investment options is what portion of your super you want to invest in which option.
You can choose which investment options apply to your: