Compound interest explained
Written by Aware Super
Compounding is the magic that helps grow your super!
The easiest way to think of it is a snowball rolling down a hill, getting bigger as it rolls.
Every little bit helps.
Check out how compound interest works to build your super – watch our video on Compound interest explained.
General advice only. Consider your objectives, financial situation, or needs, which have not been accounted for in this information and read the PDS and TMD at aware.com.au/pds before acting. Before you take any action, it is important to consider if any advice in this communication is appropriate having regard to these factors, and to read our Product Disclosure Statement (PDS) and Target Market Determination (TMD) at aware.com.au/pds.Issued by Aware Super Pty Ltd (ABN 11 118 202 672, AFSL 293340) trustee of Aware Super (ABN 53 226 460 365).