Australians' Superannuation Savings Reach New Milestone
Australians have reached a "historic" retirement shift, with significant superannuation savings.
On average, men aged 60 to 64 have around $396,000 in superannuation, while women of the same age group have approximately $313,000.
Some Australians are concerned about their retirement savings, with a notable gender pay gap in the public sector.
At ages 60 to 64, men average about $396,000 in superannuation savings while women average around $313,000.
- Men aged 60-64: $396,000 (average superannuation savings)
- Women aged 60-64: $313,000 (average superannuation savings)
Australians are advised to review their superannuation savings to ensure a secure retirement.
Author's summary: Australians' superannuation savings have reached a new milestone.