Sometimes the value of your super investments may go up down frequently over a short space of time, usually driven by big economic or policy changes. This is called 'market volatility'. Learn more in this video.
Important information about modelling calculations and assumptions in this video:
- Past performance is not a reliable indicator of future performance and should never be the sole factor considered when selecting a fund.
- Assumes starting balance of $10,000 and starting salary of $41,600, based on the median salary for all Australians in 2008 (ABS).
- Salary increases are in line with the average salary increases for each year (source is Average Weekly Ordinary Time Earnings, ABS)
- Super Guarantee Contributions are based on each year since 2008 and sourced from the ATO.
- Investment return figures are for the First Super Balanced option.
- Fees and costs are calculated as per the fees and cost for each year as per the First Super Product Disclosure Statement.
- Insurance fees are based on the default level of cover for new members, 4 units blue collar, death and total and permanent disability.
- The modelling assumes no Covid-19 withdrawals, advice fees, or changes in investment option.
Modelling as at 30 June 2023.
28 сен 2024
