Compound interest applies to both super and non-super savings. But the effect of compounding will have perhaps the most dramatic impact on the total amount we save for retirement as we start savings towards when we get our first job. 

General Advice warning:
Pearl Funds Management, an authorised representative AFS Rep No 001254808 of Banyan Securities Pty Ltd AFSL 484139
The information presented by us is general in nature and does not take into account your personal goals and objectives. It does not represent financial product advice. You should always seek independent legal and financial advice before making a decision in relation to a financial product. Read the Product Disclosure Statement (PDS) before making a decision. You should consider your own circumstances, needs and financial objectives before making a decision.

Megan Graham
20 January 2015