Becoming a
Super-Woman

Today, women live around five years longer than men and retire with an average of 47% less in their nest egg1.
As a result of the COVID-19 pandemic and the Early Release scheme, that dent grew significantly deeper. 

Increasing by2;
 
  • 6.7 for women in their 30s
  • 6 for women in their 40s
  • and 5.4 for women in their 50s
Yet, in typical Super-Women style, Aussie women have been paving the path to a post pandemic recovery, by accessing phone and digital financial advice to help improve their retirement outcomes.   

In the 2019/2020 financial year, we saw a surge in financial advice uptake from female members by an average of 294%.

As women face so many distinct challenges, from pay inequality to multiple career breaks, talking to a specialist can help you make more informed decisions about your financial future.
 

Here, we reveal four super tips you can do today, to activate your Super-Woman journey:

Consolidation – multiple funds can mean multiple fees, which can eat away at your overall nest egg. Avoid paying multiple fees by combining your super into one account3.
 
ContributionsSmall steps today can make a big difference to your tomorrow, adding a little extra to your super can increase your final balance through compounding returns.
 
Education - Learn more about your super, in your own time, at your own pace through the Rest learning centre.
 
Advice – Like our superwomen, talking to a financial expert can help you better understand your personal financial situation.

Look forward to a post-pandemic future and start your Super-Woman journey
by talking to a Rest representative today.

1 Source Women in Super – Facts about women in super

2 Based on WGEA Calculations

3 Before combining your super check how it might affect your insurance in other funds and if they have any other fees. You might like to speak with a licensed financial adviser or visit ASIC’s MoneySmart website for more information.