How long is it since someone contributed cash into your super, without you having to work for it?
While the Australian superannuation system is the envy of other countries globally, the superannuation system was not designed for women.
We know this because women on average retire with 58% as much super as men, typically around $158,000 – enough for just 6 years of living on a ‘budget’ retirement which also assumes outright home ownership. And the superannuation system’s setup – which didn’t account for women taking maternity leave, working part-time, or not working – is now making its impact felt very keenly among women aged 55yo or more.
Continue reading to find out you can increase your super with Super Rewards…
Get Focused for 2023
Read Super Rewards and find out where you can get your Super Rewards in WFO 2023 Feb Issue 2