A recent survey by RaboDirect shows that more people are happier when their retirement funds are secured. Self Managed Super Fund holders are happier, with 53% of respondents responding yes to the item “I am completely happy with my life”, as compared to just 46% for standard super funds. 54% of SMSF holders surveyed believe they are in excellent health.
A big factor as to why SMSF holders are happier than their regular Super counterparts is the ability to take control of your retirement savings, making them proactive in their investments. Expectations are also high when it comes to SMSFs, as a third of the respondents are expecting more than $1 million in savings as compared to just 10% for standard super funds.
Read more about this on the Herald Sun website.