The most important thing you can do to ensure a comfortable retirement is to start saving early and often. One of the best ways to do this is through superannuation.

Superannuation is a long-term savings plan that is designed to help you build up a nest egg to live on in retirement. Your employer is required by law to pay a percentage of your salary into your super account, and you can also make personal contributions.

The money in your super account is invested and grows over time. When you retire, you can use your super to provide an income stream, either by drawing down on the account balance or by converting it into an income stream.

There are a few things to keep in mind when it comes to superannuation. Firstly, you won’t be able to access your super until you reach preservation age, which is currently between the age of 55 and 60. Secondly, the tax rules around super can be complex, so it’s important to seek professional advice if you’re unsure about anything.

Finally, remember that your super is for retirement. It’s not designed as a savings account that you can dip into whenever you want. Withdrawing money from your super before you retire can have a large impact on your retirement. 

In this blog series, we’ll discuss four of the most important aspects in regards to superannuation in Australia, including what it is, how to invest in it, and how to access your savings when the time comes.

Further Reading

What Next?

Work out your current finances. You can download the eairwoman app to make it easier if you have an Apple device. Make sure you’ve completed filling out all your personal and financial details in the eairwoman app.


You are now ready to start exploring the various calculators and projections with the eairwoman app, including:

Home – How you’re currently tracking in regards to your overall financial health and retirement balance projection

Retirement Plan – projections of your current retirement, along with ‘What If’ calculators to see what difference various scenarios would make.

My Finances -> Superannuation Calculator – See what changes to things like contributions, investment options and retirement date would make to your superannuation balance

Actions – Things to do now and into the future to help secure the best possible outcome in retirement

Categories: Beginner