How much is enough?

Maggie is in her twenties and thinks contributing to super is a low priority.

But if she starts contributing now, Maggie may be able to take advantage of the way super compounds.

What should Maggie consider?

To work out how much money she needs to be comfortable in retirement, Maggie needs to work out when she wants to retire and the kind of lifestyle she wants.

The earlier Maggie retires, the more money she's going to need to maintain her lifestyle.

A long life expectancy means Maggie may need her money to last for many years after she finishes work.

On average, a reasonably healthy woman can expect to live to her mid 80s - many years after her retirement age.

You can compare retirement figures for men and women in our 'Investment basics' section.

By selecting an investment strategy to suit her timeframe, Maggie has the potential to increase the value of her investments through investment earnings and capital growth.

You can consider how many years your investment will last in our 'Investment basics' section.

There are many ways to top-up your super. Maggie may choose to salary sacrifice into her super as a tax-effective way of adding to her retirement savings, or she may be eligible for the Government Co-contribution scheme.

By taking control early and investing well, Maggie has an opportunity to squeeze the most out of her super.

Get the most from your super fund.

Find out more about contribution options