Women and super


The super gap

On average, women retire with 47.5% LESS SUPER than men. Around one in every three women, retire with no super at all. And 80% of women won’t have enough super to live comfortably in retirement.


Average super balance at retirement

$ 292,500
$ 138,150

Source: Superguru.com.au


Why are women retiring with less?

There are a host of different reasons why women end up with less super than men. But the main ones are:

  • the gender pay gap – because women generally earn less, they also get paid less super
  • women are more likely to take a break from work to look after young children; and
  • women are more likely to work part-time.

What can be done?

There are a range of things that women and couples can do to reduce the super gap.

Top up your super

Because women are more likely to take time off to look after children, it can really pay to put extra money into super early in your career, and after you return to the workforce.

Use the government schemes to your advantage

The Government has three key schemes in place to help low and middle income earners save more super:

It can be well worth taking advantage of these if you are earning a lower income, taking a break from the workforce or working part-time.

Keep your super together in one account

It sounds simple, but having just one super account can mean you retire with more.

Plus, combining your super is easy.


See where you’re at now

Our retirement calculator will give you a good idea of how much super you’re likely to have. 

Our planners are here to help

Talk to one of our Financial Planners about how you can reduce your super gap. Call us on 1800 757 607 or make an appointment now.