See how John was able to boost his super balance by switching to a higher-risk portfolio.
John is 39, currently invests in the Russell Balanced Portfolio and earns $70,000 per year. His employer is making the compulsory 9% contribution to super and he has a super balance of $50,000.
By changing his investment to a higher-risk portfolio that aims to deliver an extra 1% investment return (e.g. Russell Growth Portfolio), in 25 years time he could have an extra $59,600.
To achieve the same result without switching portfolios, John would need to save an additional $17.45 per week or nearly $1,000 per year.