Australians' Superannuation Savings Reach New Milestone
Australians have reached a significant milestone in their superannuation savings, with a "historic" retirement shift observed by a peak body.
According to recent data, at ages 60 to 64, men have an average of $396,000 in superannuation savings, while women have an average of $313,000.
Some Australians are concerned about their retirement savings, with many wondering how much they need to live comfortably in their post-work years.
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
- Women aged 60-64: $313,000
Author's summary: Australians' superannuation savings have reached a new milestone.
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