60% of Australians feel they will not have enough money to live on when they retire. But putting away extra in your 30s and 40s is easier said than done when retirement feels like a lifetime away and you’ve got kids and a mortgage to pay off.
That’s where Longevity App comes in. Longevity App is a micro-savings app which allows you to put more into Superannuation without having to invest large amounts of money upfront. Longevity App links your everyday transaction accounts to your nominated Superannuation account so that every time you spend, a small amount extra goes into Super. So for instance, if you spend $100 at the supermarket, 1%, or $1 gets sent to your Super account.
These small yet frequent transactions add up, and over a working life can boost your Super balance to provide extra funds upon retirement without having to change anything about your current lifestyle.
We hope this simple solution to a complex problem will change the way Australians think about and interact with their Super, making a better future for us all.