25 years old
Designer at an inner-city agency
$23,000 in MySuper
Saving for a deposit on an apartment
58 years old
Works part-time in retail
$123,000 in MySuper
Starting to think about retirement 
67 years old
$171,000 in MySuper
She and her partner have no mortgage, a small investment property and a modest share portfolioThe MLC MySuper product invests in higher growth investments when you’re younger to give your super more opportunity to grow.
As you get closer to retirement age, we’ll gradually replace a portion of the higher growth investments (such as shares and property) with more defensive investments (such as bonds and cash).
Click on the links below for more information on the different lifecycle cohorts within the MLC MySuper product.
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You're still a while off retirement, so we'll concentrate on growing your super.
Meet Ben
25 years old
Designer at an inner-city agency
$23,000 in MLC MySuper
Saving for a deposit on an apartment
Ben’s aiming for high growth and is prepared to accept the risks if there are falls in the market, as he intends on investing for a long time. Ben’s MLC MySuper has 79% allocation to growth investments such as shares, property and infrastructure. They have potentially higher returns over the long term to help his super grow. However, they tend to have higher risk than investments like cash and fixed interest.
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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.
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At this time, you may or may not choose to retire. Until you decide what you want to do with your money, we’ll keep investing your MLC MySuper balance with 67% growth investments such as shares and property and 33% defensive investments such as bonds and fixed interest. When you retire, you can choose to withdraw a lump sum or receive a regular income stream from your super - or a combination of the two.
Meet Hannah
67 years old
Works part-time in admin
$171,000 in MLC MySuper
She and her partner have no mortgage, a small investment property and a modest share portfolio
Hannah’s keeping her super balance invested in MLC MySuper as she’s continuing to work part-time, even though she’s reached retirement age. Her MLC MySuper continues to have a mix of growth investments to help it grow as well as some defensive investments which may help to reduce the impact from short-term market falls.
