Sarah’s dream is to use her skills to help those much less fortunate than herself.
As a 38 year mid-wife, Sarah is planning to take a three-year career break when she is 40 to do voluntary work overseas. She plans on returning to work full-time and retiring when she is 60.
Sarah’s current pre-tax salary is $71,000 a year; she has $38,000 in super as at 31 December 2015. She’s concerned about the impact her career break will have on her retirement savings.
Julie is a 26-year old, who is a 2nd year teacher with a current salary of $64,000. She has already accumulated $9,000 in super at 31 December 2015.
She plans to take a year off once she turns 30 to have a baby, and to then return to work part time for 4 years, during which she will be working 3 days per week. But she is worried how this will impact her superannuation balance when she retires at 67.
To help reduce the superannuation gap from her career break, Julie decides to cut back her coffee intake to see what the difference salary sacrificing $5 or $15 each week will have on her super balance.
Some of First State Super’s female members think super is really important and want to share their stories with other women. Listen to what these women thought about super.
With two little girls, Bonita is making plans for the future…
A wake up call 5 years ago changed her attitude to superannuation…
A late starter, Diane looks towards her retirement…
Have you got a story about how you’ve turned your finances around or an ‘ah huh’ moment about your super?
Our members would love to hear about how women, like them, took simple steps to that lead to financial empowerment.
Send us an email with your contact details and a brief outline of your story and we’ll be in touch.Share your story now