Ladies, do you know if your retirement is on track? Do you know how much you have in your super fund? If your journey has been anything like ours, the answer is probably no.
Somewhere between working and taking time off to be a mum or carer, your attention to super has probably wandered. There’s a great Chinese proverb which says ‘The best time to plant a tree was 20 years ago. The second best time is now.” It’s the same with superannuation. Now is the best time to get in super shape and help secure your financial future.
Women’s super facts
Generally, women in Australia have significantly less super than men – ASFA says women are retiring with only 58% as much. Based on their calculations, that’s $113,661 less than a man! This translates to around 5 years of living on a very ‘modest’ budget – which also assumes home ownership. Closing the super gap is not as daunting as it may seem. A good place to start is with the ATO’s 5 step super check.
5 step super check:
- Check your super statements
- Make sure your fund has your TFN
- Keep track of your super using myGov
- Consider government contributions
- Put extra money into your super
Growing your super
Now that you’re on top of your super with this 5 step plan, let’s grow your super with Super Rewards. It’s a tool built by women that lets you earn cash rewards when you shop that are paid into your superannuation; at no extra cost or effort from you.
Cash rewards from Super Rewards retailing partners – groceries, shoes, pet food and more– are contributed to your super every time you shop. Seamlessly. Effortlessly. Beautifully.
So sign up now to be notified when Super Rewards is live. Get one step closer to reaching your super goals and don’t forget to share this fantastic tool with your friends!
How is your super tracking? Do you think the 5 step plan and Super Rewards will help you and your friends get your retirement back on track?
Disclaimer: The information on this website is for general information purposes only. It is not intended as financial or investment advice and should not be construed or relied on as such. Before making any commitment of a financial nature you should seek advice from a qualified financial or investment adviser. No material contained within this website should be construed or relied upon as providing recommendations in relation to any financial product.