At 23, Katarina has come to you for financial advice. She has just finished her university studies and started full time work, earning $55,000 per annum. She realises that she needs to provide for her retirement. She has advised you that that she plans to retire at 65, and wants to be able to live for at least 20 yearsoff the money that has built up in her superannuation account.

Part 1: Superannuation

Select a superannuation fund site to investigate and select an investment option into which Katarinas money will be invested. Select a rate of return that you will use for your original calculations, and provide brief reasons for your selection. Decide on the frequency of payments being made into the account by the employer. Include evidence of the investment information in your appendix.

Sites such as the one found at the link below provide a range of superannuation fund rate of return information:

http://www.supersa.sa.gov.au/our_products/triple_s/investment_performance

Include evidence of the rate information in your appendix.