Retirement Ripoff

[et_pb_section bb_built=”1″ background_color=”#2ea3f2″ next_background_color=”#ffffff” _builder_version=”3.12″ background_image=”http://13.238.143.84/wp-content/uploads/2018/08/Img_1.png” background_position=”center_left”][et_pb_row _builder_version=”3.12″][et_pb_column type=”1_2″][/et_pb_column][et_pb_column type=”1_2″][et_pb_text background_layout=”dark” background_position=”top_left” background_repeat=”repeat” background_size=”initial” module_alignment=”right” _builder_version=”3.12″ max_width=”79%”]

Are you being screwed by your retirement fund?

[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]

[et_pb_section bb_built=”1″ fullwidth=”off” specialty=”off” transparent_background=”off” inner_shadow=”off” parallax=”off” parallax_method=”off” prev_background_color=”#2ea3f2″ next_background_color=”#c0e2ea”][et_pb_row][et_pb_column type=”1_2″][et_pb_text background_layout=”light” text_orientation=”left” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.12″]

Sit down, we have some really bad news for you.

We hate to say it, but you probably ARE being screwed by your retirement account.

How do you know? Well ask yourself this one question:

 

What fees am I paying?

 

If you can’t answer this question then you’re not alone. The average worker is being stung by fees and doesn’t even know it.

[/et_pb_text][/et_pb_column][et_pb_column type=”1_2″][et_pb_text background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.12″]

[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]

[et_pb_section bb_built=”1″ fullwidth=”off” specialty=”off” background_color=”#c0e2ea” inner_shadow=”off” parallax=”off” transparent_background=”off” parallax_method=”off” prev_background_color=”#ffffff” next_background_color=”#ffffff”][et_pb_row][et_pb_column type=”4_4″][et_pb_text background_layout=”light” text_orientation=”center” background_position=”top_left” background_repeat=”repeat” background_size=”initial” module_alignment=”center” _builder_version=”3.12″]

So how much are we talking here?

[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row][et_pb_column type=”1_2″][et_pb_text background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.12″]

Image of 30 year old Brett at work

[/et_pb_text][/et_pb_column][et_pb_column type=”1_2″][et_pb_text background_layout=”light” text_orientation=”left” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]

Lets use Brett as an example

Brett is a hard working 30 year old plumber. He earns an average salary of $60,000 per year and his retirement account charges him 1.2% in fees. (The average Aussies pay in fees)

Only 1.2% – seems like a pretty small amount doesn’t it? Well no, actually. That 1.2% taken each and every year from the entire balance of this fund will amount to a shocking sum by retirement. He does not know it yet, but by the time he retires he will have lost

$286,294

from his fund due to fees.

That amounts to over a quarter of his nest egg gone bye-byes FOREVER!

[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row][et_pb_column type=”1_2″][et_pb_blurb url_new_window=”off” use_icon=”off” icon_color=”#2EA3F2″ use_circle=”off” circle_color=”#2EA3F2″ use_circle_border=”off” circle_border_color=”#2EA3F2″ icon_placement=”top” animation=”top” background_layout=”light” text_orientation=”center” background_position=”top_left” background_repeat=”repeat” background_size=”initial” image_max_width=”100%” _builder_version=”3.12″]

$286,294 lost!

[/et_pb_blurb][/et_pb_column][et_pb_column type=”1_2″][et_pb_text background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.12″]

 

[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]

[et_pb_section bb_built=”1″ fullwidth=”off” specialty=”off” transparent_background=”off” inner_shadow=”off” parallax=”off” parallax_method=”off” prev_background_color=”#c0e2ea” next_background_color=”#c0e2ea”][et_pb_row][et_pb_column type=”4_4″][et_pb_text background_layout=”light” text_orientation=”center” background_position=”top_left” background_repeat=”repeat” background_size=”initial” module_alignment=”center”]

So how come a small % fee takes so much?

[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row][et_pb_column type=”1_2″][et_pb_blurb url_new_window=”off” use_icon=”off” icon_color=”#2EA3F2″ use_circle=”off” circle_color=”#2EA3F2″ use_circle_border=”off” circle_border_color=”#2EA3F2″ icon_placement=”top” animation=”top” background_layout=”light” text_orientation=”center” background_position=”top_left” background_repeat=”repeat” background_size=”initial” image_max_width=”100%”]

Fees are the enemy

A study conducted by the the Grattan Institute shows that

[/et_pb_blurb][et_pb_testimonial company_name=”Grattan Institute” url=”http://grattan.edu.au/wp-content/uploads/2014/05/811-super-sting.pdf” url_new_window=”on” quote_icon=”on” use_background_color=”on” background_color=”#f5f5f5″ background_layout=”light” text_orientation=”left” author=”Jim Minifie” job_title=”Super sting: how to stop Australians paying too much for superannuation” background_position=”top_left” background_repeat=”repeat” background_size=”initial” border_radii_portrait=”on|90px|90px|90px|90px”]

A fee of 1.5 per cent will erode 30 per cent of a fund’s retirement balance over 40 years, while a 1 per cent fee will erode more than 20 per cent of a retirement nest egg over the same period.

[/et_pb_testimonial][/et_pb_column][et_pb_column type=”1_2″][et_pb_blurb title=”Fees are charged on the WHOLE balance” url_new_window=”off” use_icon=”on” font_icon=”” icon_color=”#2EA3F2″ use_circle=”off” circle_color=”#2EA3F2″ use_circle_border=”on” circle_border_color=”#2EA3F2″ icon_placement=”left” animation=”left” background_layout=”light” text_orientation=”left” background_position=”top_left” background_repeat=”repeat” background_size=”initial” image_max_width=”100%”]

The fees are charged as a percentage on your entire balance. This means the bigger your fund the more you will pay in fees. As you near retirement your retirement fund balance is at it’s peak, just at the time you need your money the fees are also taking their biggest bite out of your life savings.

Also this percentage fee is charged no matter how well you fund performs. The fund manager will happily take their fee even when your fund makes a loss for the year!

[/et_pb_blurb][et_pb_blurb title=”Fees compound over time” url_new_window=”off” use_icon=”on” font_icon=”” icon_color=”#2EA3F2″ use_circle=”off” circle_color=”#2EA3F2″ use_circle_border=”on” circle_border_color=”#2EA3F2″ icon_placement=”left” animation=”left” background_layout=”light” text_orientation=”left” background_position=”top_left” background_repeat=”repeat” background_size=”initial” image_max_width=”100%”]

The biggest loss from fees is the lost investment that would have otherwise stayed in your retirement pot and been allowed to compound. Over your lifetime this adds up to a huge chunk of your savings you are missing out on.

[/et_pb_blurb][/et_pb_column][/et_pb_row][/et_pb_section]

[et_pb_section bb_built=”1″ fullwidth=”off” specialty=”off” transparent_background=”off” background_color=”#c0e2ea” inner_shadow=”off” parallax=”off” parallax_method=”off” prev_background_color=”#ffffff” next_background_color=”#ffffff”][et_pb_row][et_pb_column type=”4_4″][et_pb_text background_layout=”light” text_orientation=”center” background_position=”top_left” background_repeat=”repeat” background_size=”initial” module_alignment=”center”]

What can you do about it?

[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row][et_pb_column type=”1_2″][et_pb_blurb url_new_window=”off” use_icon=”off” icon_color=”#2EA3F2″ use_circle=”on” circle_color=”#2EA3F2″ use_circle_border=”off” circle_border_color=”#2EA3F2″ icon_placement=”top” animation=”top” background_layout=”light” text_orientation=”left” font_icon=”” background_position=”top_left” background_repeat=”repeat” background_size=”initial” image_max_width=”100%”]

Basically it all comes down to the fees you pay. In the case of retirement savings, the lower the fees the better.

By switching to a low cost retirement fund you could end up having over a quarter of a million $’s more in retirement!

What would you do with a quarter of a million $’s?

[/et_pb_blurb][et_pb_text background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.12″]

[/et_pb_text][/et_pb_column][et_pb_column type=”1_2″][et_pb_blurb url_new_window=”off” use_icon=”off” icon_color=”#2EA3F2″ use_circle=”off” circle_color=”#2EA3F2″ use_circle_border=”off” circle_border_color=”#2EA3F2″ icon_placement=”top” animation=”top” background_layout=”light” text_orientation=”center” background_position=”top_left” background_repeat=”repeat” background_size=”initial” image_max_width=”100%”]

Switch and have

$264,645

more in retirement

Below we show what % you will have left in your retirement account at retirement after the cost of fees have taken their bite.

We compare your typical fund with our equivalent recommended low cost fund.

[/et_pb_blurb][et_pb_counters background_layout=”light” background_color=”#dddddd” bar_bg_color=”#2EA3F2″ custom_padding=”|||” custom_padding_tablet=”|||” custom_padding_phone=”|||” custom_padding_last_edited=”off|desktop” border_radii=”on||||”][et_pb_counter percent=”76″]Balance remaining in typical retirement fund[/et_pb_counter][et_pb_counter percent=”98″]Balance remaining in recommended low cost fund[/et_pb_counter][/et_pb_counters][/et_pb_column][/et_pb_row][/et_pb_section]

[et_pb_section bb_built=”1″ fullwidth=”off” specialty=”off” prev_background_color=”#c0e2ea” next_background_color=”#353535″][et_pb_row][et_pb_column type=”4_4″][et_pb_text background_layout=”light” text_orientation=”center” background_position=”top_left” background_repeat=”repeat” background_size=”initial” module_alignment=”center”]

Our recommended low cost retirement fund

[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row][et_pb_column type=”1_2″][et_pb_blurb url_new_window=”off” use_icon=”on” icon_color=”#2EA3F2″ use_circle=”off” circle_color=”#2EA3F2″ use_circle_border=”off” circle_border_color=”#2EA3F2″ icon_placement=”left” animation=”left” background_layout=”light” text_orientation=”left” title=”Comprehensive Research” font_icon=”” background_position=”top_left” background_repeat=”repeat” background_size=”initial” image_max_width=”100%”]

We’ve spent many hours comparing the best balanced superannuation funds available in Australia* and have identified the best low cost balanced fund.

We’ve even found the exact fund option you should invest in (and it’s not the default option)  

*80% of Australians are invested in the default balanced option within their superannuation fund. If you don’t know, then you’re probably in the default balanced choice

[/et_pb_blurb][et_pb_blurb title=”We are 100% independent” use_icon=”on” font_icon=”Z” icon_color=”#2EA3F2″ circle_color=”#2EA3F2″ circle_border_color=”#2EA3F2″ icon_placement=”left” animation=”left” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.12″ max_width_tablet=”50px”]

We are not affiliated with any super fund and we do not receive commission or kickbacks from any financial institutions.

At Bald Money we pride ourselves on putting you first, not being biased by companies trying to flog you stuff. Don’t get ripped off!

[/et_pb_blurb][/et_pb_column][et_pb_column type=”1_2″][et_pb_cta title=”Do it now!” button_url=”/recomendedsuperfund” button_text=”Access our recommended super fund report now” background_color=”#2EA3F2″ background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.12″]

You can save yourself $100,000s

[/et_pb_cta][/et_pb_column][/et_pb_row][/et_pb_section]

[et_pb_section bb_built=”1″ fullwidth=”off” specialty=”off” background_color=”#353535″ inner_shadow=”off” parallax=”off” prev_background_color=”#ffffff” next_background_color=”#000000″][et_pb_row][et_pb_column type=”1_4″][et_pb_number_counter title=”$ Lost each day you delay switching to this low cost fund!” number=”20″ percent_sign=”off” background_layout=”dark” counter_color=”#2ea3f2″ background_position=”top_left” background_repeat=”repeat” background_size=”initial” /][/et_pb_column][et_pb_column type=”1_4″][et_pb_number_counter title=”$ Lost each month you delay switching to this low cost fund!” number=”596″ percent_sign=”off” background_layout=”dark” counter_color=”#2EA3F2″ background_position=”top_left” background_repeat=”repeat” background_size=”initial” /][/et_pb_column][et_pb_column type=”1_4″][et_pb_number_counter title=”$ Lost each year you delay switching to this low cost fund!” number=”7153″ percent_sign=”off” background_layout=”dark” counter_color=”#2EA3F2″ background_position=”top_left” background_repeat=”repeat” background_size=”initial” /][/et_pb_column][et_pb_column type=”1_4″][et_pb_number_counter title=”Hour of your time to switch to our recommended fund” number=”1″ percent_sign=”off” background_layout=”dark” counter_color=”#2EA3F2″ background_position=”top_left” background_repeat=”repeat” background_size=”initial” /][/et_pb_column][/et_pb_row][/et_pb_section]

[et_pb_section bb_built=”1″ fullwidth=”off” specialty=”off” transparent_background=”off” background_color=”#000000″ inner_shadow=”off” parallax=”off” parallax_method=”off” prev_background_color=”#353535″ next_background_color=”#2e2e2e”][et_pb_row][et_pb_column type=”4_4″][et_pb_text background_layout=”dark” text_orientation=”left” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]

[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]

[et_pb_section bb_built=”1″ fullwidth=”on” specialty=”off” inner_shadow=”off” parallax=”off” background_color=”#2e2e2e” prev_background_color=”#000000″][et_pb_fullwidth_portfolio fullwidth=”on” show_title=”on” show_date=”off” background_layout=”dark” auto=”off” title=”As Seen On” background_position=”top_left” background_repeat=”repeat” background_size=”initial” /][/et_pb_section]

Leave a Reply

Your email address will not be published. Required fields are marked *