Given an individual contributes to their superannuation fund over a 40-year working life, the biggest influence on their accumulated sum at retirement is the size of their contributions.

Question

Quizplus · Accepted Answer

The biggest influence on the accumulated sum at retirement is often the rate of return on the investments within the superannuation fund, not just the size of contributions. Compound interest and investment earnings over time can significantly impact the final amount.

Given an Individual Contributes to Their Superannuation Fund Over a 40-Year