The gift
EVERY MUM
should give herself
Mothers are the masters of multi-tasking,
rarely blinking an eyelid when it comes to
juggling work, parenting and running a
household. Because busy mums are often
caught up in the day-to-day
responsibilities of caring for others, they
often have little spare time to look after
themselves.
The reasons women have less super:
Women are more likely to work
part-time or casually
Women earn, on average, 17 per cent
less than men and are less likely to hold
senior or managerial positions
Women often take time out of the
workforce while raising a family
There are some steps women can take to
rectify this super imbalance and help
ensure they retire with enough money to
live on - an even more important goal
when you consider that women have a
longer life expectancy than men. This
means women are on average spending a
lot more time in retirement than men so
their super needs to last longer.
But there is one important gift mothers
can give themselves on Sunday, May 12 –
the gift of a secure financial future. This
Mother’s Day, every mum should make a
promise to get their super on track once
and for all.
According to recent statistics, the average
superannuation payout at retirement for
women is $112,600 compared with
$198,000 for men.*
$112,600
$198,000
* Source: ‘Women and Super – the Facts’, 2013, Australian
Institute of Superannuation Trustees.
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