As retirement nears and you begin thinking about the retirement lifestyle you would like, your super comes more into focus. Depending on when you plan to retire – at age 50, 55 or 60 – you may start thinking about putting extra money into super, maximising your investments, balancing risk and return, and looking at your wealth protection needs.
“The Financy Women’s Index shows that the average woman retires with 66 per cent of the account balance of the average man, largely due to taking time out of full-time work to care for children.”