Where are you at with your super?

Women and super

Did you know women often retire with a much lower account balance than men?

For many women, super isn’t so super.

Around 90 per cent of women currently end up with not enough superannuation savings to fund the lifestyle they want in retirement. In fact, the average superannuation account balance for women when they retire is currently around $230,907 while men have been retiring with around twice this amount.1

At QIEC Super, approximately 80% of our members are female which is why we feel it’s important to ensure they feel supported when it comes to their superannuation.

Our Positive Impact program is designed to help you improve your financial situation, regardless of what stage you are at in life. We have developed a hub of resources to help you take action, ideally putting you in a better place today and in turn, the years ahead. You’ll find a range of online videos and articles covering useful topics including budgeting, personal finances, investments and super.

MoneySmart
also have some great resources and simple strategies on ways you can grow your super.

1 The Household, Income and Labour Dynamics in Australia Survey: Selected Findings from Waves 1 to 15 2017 http://melbourneinstitute.unimelb.edu.au/__data/assets/pdf_file/0010/2437426/HILDA-SR-med-res.pdf.