Australians' Superannuation Savings Milestone
Australians have reached a superannuation milestone of $172,000.
According to a peak body, there has been a "historic" retirement shift.
Superannuation Savings by Age and Gender
At ages 60 to 64, men average about $396,000 in superannuation savings, while women average around $313,000.
Retirement Confidence
Some Australians are not confident about their retirement, with concerns about having enough savings.
Annual Retirement Needs
The amount needed per year for retirement varies, but Australians are advised to plan accordingly.
Source: Getty, iStockphoto / Robynmac
SBS acknowledges the Traditional Custodians of Country and their connections and continuous care for the skies, lands and waterways throughout Australia.
Author's summary: Australians reach $172k super milestone amid retirement shift.
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