If you’ve changed jobs a few times, chances are your retirement savings are scattered across multiple funds or administrators. Keeping track of them all can be confusing, time-consuming, and a nightmare when it comes to the paperwork.

But the good news is that you can simplify your retirement journey by consolidating your investments into a single fund – a smart move that could work in your favour:

4 reasons why you should consolidate your retirement investments

• Easy, simplified admin

No more statements from three different providers or trying to figure out who to contact when you need help. One fund means one dashboard and one point of contact.

• Lower fees

Multiple funds often mean multiple sets of admin and investment fees. By consolidating your funds under one portfolio, you can reduce costs, which would help boost your long-term returns.

• Clearer picture of your future

By setting goals, you can monitor progress, and make informed decisions when you have a single, consolidated view of your retirement savings.

• Better investment strategy

With everything in one place, you can ensure your portfolio is properly diversified and aligned with your risk appetite and retirement timeline.

2 easy steps to help you consolidate your retirement investments

• Make a list

Start by listing all the funds you currently have such as your preservation funds, old employer pension/provident funds, retirement annuities, etc.

• Let 10X Investments help you with the transition

Contact 10X to help you make the best decision that fits your lifestyle and your retirement goals.