Catching up on super after a career break

Anyone spending some time out of the workforce will miss out on a chunk of super contributions and investment returns. Here’s a plan to catch up.

Summary: A worker on an average income with a 40-year career whose super returns 4 per cent after inflation fees and tax could expect to retire with a balance of $633,128 in today’s dollars. But taking a career break means a disproportionate hit to a worker’s superannuation. Assuming a worker has the capacity to make extra super contributions after returning to work, it is generally possible to catch up on the missed contributions.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles