For many people affected by COVID-19 lockdowns, the ability to access some of their super funds was a lifesaver. However, there are long-term consequences on withdrawing super funds early as it’s not just the amount withdrawn that is lost from your retirement savings, but also the compounding investment returns on those funds. The early withdrawal of funds from your super could seriously impact the long-term quality of your retirement. Find out more here.
The impact of accessing your Super during Covid-19
