Australians' Superannuation Savings Reach $172k 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 (60-64 years): $396,000
- Women (60-64 years): $313,000
Some Australians are not confident about their retirement.
The retirement shift has sparked concerns about future generations and the need for adequate savings.
Author's Summary:
Australians' superannuation savings have reached a milestone of $172k.
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