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How Carly saved an extra $8,383 with the FHSS scheme
Carly contributed $6,000 per year to her super under the FHSS | After 5 years of contributing via FHSS, she saves $29,881 | By saving via the FHSS, she saves an additional $8,383 to put towards her deposit |
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Extra contribution (using salary sacrifice) | Savings account | |
Year 1 | $5,102 | $4,050 |
Year 3 | $16,596 | $12,516 |
Year 5 | $29,881 | $21,497 |