SuperGuide members have access to an extended version of this video, which demonstrates how to use a Retirement calculator to see the impact of purchasing a lifetime income product, which is designed to give guaranteed income for the whole of your retirement.
Find out more about how SuperGuide can help boost your retirement savings so you can enjoy a superior retirement.
Transcript
Meet Justine. Justine is 45 and happily single, with no plans to partner in the future. She's self-employed, earning $140,000 per year, but she only has a relatively small super balance of $100,000. This is money that accumulated when she was younger and working in a traditional job, and she hasn't contributed to super for many years since she's been self-employed. She is on track to own her own home by age 60, and she also has $60,000 invested in an exchange-traded fund that she's planning to use towards her retirement.