Superannuation became compulsory for all working Australians in 1983. Why compulsory? Because the government worked out that our current declining birth rate will not provide enough future taxpayers to fund an ever-increasing number of retirees, who are living longer and who opt to draw the Aged Pension. The government wants as many retirees as possible to be self-funded so as to lessen the strain on Social Security.

Ask yourself this question: "If I retired today, could I maintain my current lifestyle on the government pension?" Most people would have to honestly answer, "No".

Many are confused about how Superannuation works. How many people know how much they will need to retire comfortably? Most Australians are retiring with inadequate amounts of superannuation and are ultimately heading towards the pension queue.

The area of superannuation is a complex one and requires specialised personnel. Pacific Lifestyle Queensland can help you:

• Establish a Self Managed Superannuation Fund
• Show you how Superannuation monies can be used to accumulate property
• Use your Superannuation Fund as a low-tax rate investment vehicle