Some of you might be losing sleep about the relatively poor performance of your super fund over the past year. After several years of strong returns, it’s concerning to see negative growth. It’s another worry in a turbulent time for our finances.

However veteran finance writer Noel Whittaker offers reassurance, reminding us that good super funds have averaged 8% return over the long term. Over twenty years, there will be a few years of negative performance, but over time it’s still a solid investment towards retirement.

Noel Whittaker stresses the importance of taking the long term view with superannuation, choosing a well performing fund and sticking with it.

For those nearing retirement, consider your risk tolerance and whether moving to a more conservative investment stream within your fund might be prudent.

Useful links –

CHOICE: Super downturn, experts say stay the course

Canstar: Why is my superfund going down and what should I do about it?

ABC: Australians face short turn super down-turn

Noel Whittaker