Your retirement goals
It is important to have a clear understanding of how much money you will need to save in order to meet your retirement goals and how long you have to save. This will help you determine the right level of contributions and investment strategy for your superannuation.
Your risk tolerance
Different investment options within a superannuation fund carry different levels of risk. You should choose investments that align with your risk tolerance and financial goals.
Fees
Some superannuation funds charge fees for their services, such as account maintenance fees, investment management fees, and administration fees. It is important to understand the fees that apply to your fund and how they may impact your investment returns.
Diversification
It is important to diversify your investments to manage risk. A superannuation fund should offer a range of investment options that allow you to spread your money across different asset classes and sectors.
Professional advice
Seeking the advice of a financial planner or adviser can help you understand the different options available, so that you can make informed decisions about your superannuation investments.