Take control
of your future

women in super
women in super

Take control
of your future


How likely are you to financially plan for your career break?

Average lower earnings, breaks from working and longer life expectancy, are just some of the reasons women can be on the back foot when it comes to super. But Rest is here to help change that by giving you the tools and knowledge to help maximise your super at every life stage.

Rest commissioned research*, Making a Break, to better understand the circumstances surrounding Australians taking breaks from their careers and the financial impact this has on their superannuation and retirement.

Our research explores the number and types of career breaks that working Australians take, including the stages of life these occur. Notably, it explores the behaviours of men and women in financially preparing for time off work and the consequences of these actions on their retirement savings.

What did the research tell us?

Two-thirds of working Australians have taken at least one career break at some stage in their working lives, with an average of 3.5 career breaks overall. Health breaks were reported as the most common reason for career breaks, particularly among men, while maternity and leave to care for children were the top reasons for women.

Just 6 per cent of women sought financial advice before taking their career break and less than one in five women made a superannuation contribution during their break.

The research also found that 53% of career breakers did not consider the long term financial impacts of their break.

mother and son
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2 in 5 (42%) career breaks taken
by Australians were forced
by circumstance

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Women are 30% less likely than men to
financially plan for their career break in
terms of their superannuation

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By retirement, men have 47% more
retirement savings
than women
(with one career break each)


The average working woman has
4.2 career breaks, costing their
retirement balance $159,590^


Health breaks are the most common
type of career breaks taken by
working Australians (33%)


Women returning to work after a
career break earn 29% less than
their male counterparts

Leola Rose / The Recoverer

After 10 years working in corporate marketing, Leola Rose suffered a brain aneurysm at age 28. Leola had to relearn how to walk, talk and care for herself, which left her unable to work for six months. Her employer provided her with income protection insurance during this time, and after receiving medical clearance, she made a successful return to the workforce.

Now aged 36, Leola has made a full recovery, and runs her own business contracting her marketing services out to start-ups. Having relied on income insurance during her unexpected career break, Leola now advocates for planning for the unexpected, and now manages her own superannuation to stay in control of her finances.

It’s a good idea to think about what you can do prior, during or after taking a break.
Here are some super actions you can take:

 Find any lost super – don’t let your money go to the ATO

 Consolidate your super – save on multiple fees

 Consider contributing extra – top up your super savings

 Reviewing any insurance you may have – review your level of cover as your life changes


Need help?

Speak with a Rest Adviser either before, during or after a career break. They can help you with strategies you may not have considered before. For example, you may be eligible to receive the Government's co-contribution scheme or spouse contributions.

Book a call

*The survey was conducted by Lonergan Research between 4 October and 9 October 2017 of 1,030 Australians (both males and females) who have ever taken a career break of at least three months.

^This is the economically modelled amount of lost superannuation balance of working women at the retirement age of 67 between those taking no career breaks and those taking career breaks, of which they took 4.2 career breaks on average. The calculations are based on self-reported cost per career break; 9.5% compulsory contribution to superannuation is assumed for the entire working life; 15% contribution tax; and superannuation account balance is compounded annually at 4.95% (based on average 10-year rate of return after tax and fees from APRA Annual Fund-level Superannuation Statistics 2016). No voluntary contributions are modelled. The results are on 2017 Australian dollars with no adjustment for inflation

† Rest Advice is provided by Rest Advisers as authorised representatives of Link Advice Pty Ltd ABN 36 105 811 836 AFSL 258145.

This website is provided by Retail Employees Superannuation Pty Limited ABN 39 001 987 739, AFSL 24 0003 (Rest), trustee of Retail Employees Superannuation Trust ABN 62 653 671 394 (Fund), of which Rest Super, Rest Corporate, Rest Pension and Acumen are part. It contains general advice that has been prepared without taking account of your objectives, financial situation or needs. Before acting on the information or deciding whether to acquire or hold a product, consider its appropriateness and the relevant Product Disclosure Statement (PDS), which is available on this website. The cost of providing financial services is included in the fees in the Fund as disclosed in the relevant PDS. Rest and the Fund do not charge any additional fees or obtain any commissions for the advice provided. Rest’s employees are paid a salary and do not receive any commissions. They may receive a performance related bonus that takes into account the financial services provided. Super Investment Management Pty Limited (ABN 86 079 706 657, AFSL 240004), a wholly owned subsidiary company of Rest, manages some of the fund’s investments. Apart from this, Rest does not have any relationships or associations with any related body corporate or product issuer that might reasonably be expected to be capable of influencing Rest in providing financial services.

Rest personal advice is provided by Rest Advisers as authorised representatives of Link Advice Pty Ltd ABN 36 105 811 836 AFSL 258145

Awards and ratings are only one factor to consider when deciding how to invest your super. Further information regarding these awards can be found at rest.com.au/about-rest/awards. Past performance is not an indicator of future performance. SuperRatings Pty Limited does not issue, sell, guarantee or underwrite this product. Go to superratings.com.au for details of its ratings criteria. For further information about the methodology used by Chant West, see www.chantwest.com.au