When a parent decides to sacrifice their career to raise their family, it can sometimes feel like they’ve been sent to the naughty corner.  They lose their identity, forfeit their income, and struggle to get back into the game.  And that can leave them with a sense of shame.

But there’s been an extra burden on Aussie stay at home mums and dads over the years.  And that’s losing out on precious super.  It’s an unfair disadvantage that leaves households with even more financial stress.

Sadly, low super seems to disproportionately affect women, leaving them with a 28% gap in their retirement fund compared to men.  And it’s on top of an already inequitable pay gap between the sexes.

But who is left to look after the kids?  Someone has to do it.  And it’s more commonly the mother who makes this financial sacrifice.  It’s just another blow to her sense of identity and contribution.

 

So, is there any sort of solution?

 

Well, it looks like there’s a new scheme in the pipeline that will offer a 50% superannuation tax rebate.  On top of that, up to $1000 per year in government contributions will see stay at home parents somewhat better off.  Of course, that’s not to be sneezed at.

But if you’re looking for a better way to bolster your super even further, we’ve got just the thing.  With a self-managed super fund, you can invest your money across a much broader range of opportunities.  That means you can own units in our brand new deluxe properties for a fraction of the price AND double your investment in around five years.  All you have to do is sit back and watch your retirement nest egg grow.  It’s low risk and high yielding, plus we do all the heavy lifting for you.

If you’re a stay at home parent, we’ve got our fingers crossed that the rebate and government funds come through for you.  But in the meantime, come and have a chat with us and start earning rewards asap.