Let's save retirement

In the last 10 years, the cost of electricity has gone up almost 110%.5 That's quite a shocking statistic.

How have prices changed over 10 years (to Dec 2015)?

Electricity

Electricity

Total Price Change

+109.6%

Annual Inflation Rate

7.7%

Water & Waste

Water & Waste

Total Price Change

+107.4%

Annual Inflation Rate

7.6%

Gas & Household Fuels

Gas & Household Fuels

Total Price Change

+90.8%

Annual Inflation Rate

6.7%
View more      +

Open a super account today

Inflation is one of the biggest threats to your retirement. But it can be managed by making the right choices now.

Inflation is the rise in the cost of living. The same electricity bill that cost you $100 in 2005 would now cost $209.57.5 In 10 years' time, keeping the lights on could cost $439.20 if inflation keeps rising at the same rate — that’s over four times the original cost!

Over time, inflation reduces the purchasing power of your money, meaning the same amount buys you less. It's important to save now for a more expensive future, so you can plan ahead and make sure you're free to do all the things you want to in retirement.

You can manage inflation risk by making the right choice now

One way to build your super is to choose an investment that targets above-inflation returns. We can help you build a portfolio that aims to deliver returns above inflation over defined time frames, regardless of what global markets are doing. That means you manage the risk of inflation and can plan for a smoother ride in retirement.

“Investing in a portfolio that targets returns above inflation can help you manage the risk of inflation.”

  • View sources and assumptions

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