As you get closer to retirement, we’ll gradually move some of your MLC MySuper towards more defensive investments such as bonds and cash that may help to reduce the impacts of market ups and downs. Your MLC MySuper balance is adjusted every three months based on the date of your birthday.

Meet Tracy

  • 58 years old
  • Works part time in retail
  • $123,000 in MLC MySuper
  • Starting to think about retirement

Tracy’s more interested in growing and preserving the money she’s already saved as she doesn’t have as much time to add to her super. Her MLC MySuper will gradually increase its proportion of defensive investments which may help to reduce the impacts from market volatility, although she still has the majority in growth investments such as shares, property and infrastructure to help it grow.