See the difference interest can make

Discover the difference time can make to your final payout.

Boost your super with compounding

It goes without saying that super is a long-term investment. The good news is that the longer your super is invested, the more time you have to take advantage of compound interest.

Compounding is the snowball effect of investment returns earned on your investment returns. It happens when you reinvest investment returns (as you must do with superannuation) rather than withdrawing and spending them. Basically, your savings accumulate faster.

Remember, the longer your money is invested, the more time you have to take advantage of compounding before you retire.

How it works

Take a look at the difference time can make to your super. In the example below, Sue has invested $33,000 less than Ewan. But, because Sue’s investment had more time to take advantage of compounding, she ended up substantially better off than Ewan. In fact, more than $100,000 better off.

            _{Data assumes an Investment return of 8% p.a. 
            No allowance has been made for taxation or investment fees and charges.}