Australians' Superannuation Savings Reach New Milestone
Australians have reached a "historic" retirement milestone, with significant superannuation savings.
According to recent data, at ages 60 to 64, men average around $396,000 in superannuation savings, while women average approximately $313,000.
- Men: $396,000
- Women: $313,000
Some Australians are not confident about their retirement.
The average Australian needs a significant amount each year for retirement, with a recent milestone being $172,000.
Author's summary: Australians' superannuation savings have reached a new milestone.