Australians' Superannuation Savings Reach New Milestone
Australians have reached a "historic" retirement milestone, with significant superannuation savings.
On average, men aged 60 to 64 have around $396,000 in superannuation, while women in the same age group have approximately $313,000.
- Men (60-64 years): $396,000
- Women (60-64 years): $313,000
Some Australians are not confident about their retirement.
To determine a comfortable retirement, it's essential to consider how much is needed per year.
Author's summary: Australians' superannuation savings have reached a new milestone.