Superannuation Tips for Women in Their 30s: Grow Your Balance Now

Superannuation might not be the most exciting thing to think about in your 30s—but it’s one of the most important. And for women in particular, this is the decade where smart super strategies, if implemented correctly, can make a huge difference down the track.

Whether you’re working full-time, juggling part-time roles, freelancing, or considering a career break, this is the right time to get proactive about your superannuation.

Here’s what you need to know—and what you can start doing today to ensure your super grows with you.

What’s a Good Super Balance in Your 30s?

If you’re in your mid-to-late 30s, the average super balance is around $71,686. That might sound decent—until you look at the recommended amount needed to retire comfortably.

Association of Superannuation Funds of Australia (ASFA) estimates that a single person needs about $595,000 in super by age 67 to live a comfortable retirement. That might be a long way from where most of us are now.

Will My Super Be Enough to Retire On?

Unfortunately, most women’s balances fall short of the ideal target. A study by the University of Canberra/NATSEM predicts that by 2030, the median balance for women aged 55–59 will be just $197,000—well under the $595,000 recommended for a comfortable retirement.

boosting Your Superannuation in Your 30s

If you find that your super balance is below the average or see it hovering around that number, there are a few things you can start doing today to ensure it grows.

1. Start with Small, Regular Contributions

Consider making voluntary contributions to your super. You don’t need to contribute thousands and even $20 a week of can make a difference. The good thing about superannuation is that your balance and earnings can compound over time. Since time is on your side, small contributions will also have a big impact when you look at them over the long term. Read more about contributions here.

2. Review Your Super Fund

Not all super funds are created equal. High fees or underperforming investments can eat away at your future savings. Use comparison tools to look at:

  • Investment performance over 5–10 years
  • Admin and investment fees
  • Insurance premiums you may not need

3. Take Advantage of the Government Co-Contribution

If you earn unto $45,400 (2024–25 threshold), the government may match up to $500 of your personal super contributions. It’s free money and if you’re eligible, don’t leave it on the table. For most early graduates and part time workers, this acts as a boost to contributions made by employers.

4. Spouse Contributions & Contribution Splitting

If you or your partner earns more, contribution splitting or spouse contributions can help even things out and deliver tax benefits too. [For an example of how this strategy works for Joe and Jane, a 30 – something couple, read this.] When implementing such a strategy, consult the right professional to guide you through the nuances.

The Intentional Investor Take:

Your 30s Are Your Power Decade

The earlier you take control of your superannuation, the more choices and freedom you’ll have later. And it doesn’t require big money moves—just consistency, curiosity, and the decision to prioritise you.

Next Steps: Start Where You Are

You don’t need to be an expert. Just take one step today:

  • Log in and check your super balance
  • Set up a regular after-tax contribution
  • Check your fund for charges, fees and returns
  • Talk to your partner about contribution strategies
  • Learn whether you’re eligible for the government co-contribution

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