Do I Save my way to Retirement or do I Gear up my Super Fund, Effectively Borrowing?

Do I Save my way to Retirement or do I Gear up my Super Fund, Effectively Borrowing?

    In the May/June 2007 edition of Australasian Dental Practice, I outlined the opportunities that Simplified Super presented. At the risk of repeating myself, I also emphasised that it was important to keep your financial future in perspective. 
    To do so, I suggested that you should ensure your superannuation strategy dovetails within a wholistic investment plan that includes:
• Investments;
• Asset allocations;
• Effective structures;
• Taxation;
• Estate planning;
• Risk management;
• Cash flow management; and
• Social security and aged care.
    The above checklist continues to apply today but you should be sure to work through it again if you are being swept up in the excitement surrounding the new rules that are paving the way for super funds to borrow to invest in either shares or property.