Australians Face Retirement Challenges as Super Balances Lag Behind Targets

18 articles · Updated · Bloomberg · Apr 13

Australians are increasingly concerned about having enough superannuation to retire comfortably, with many facing the prospect of working beyond the traditional retirement age.
Average super balances at age 60 remain well below the recommended amount for a comfortable retirement, and significant gender and employment gaps persist.
Experts advise careful planning, consolidating super accounts, and considering delayed retirement as Australia’s well-balanced system faces rising cost-of-living pressures.

How will persistent rising living costs continue to redefine 'comfortable retirement' in Australia?

Are current ASFA benchmarks for a comfortable retirement truly attainable for most Australians?

Beyond individual action, what systemic changes can genuinely close Australia's superannuation gender gap?

What are the broader societal and health costs of an increasingly 'unretired' workforce?

Why do so few eligible Australians embrace the beneficial Home Equity Access Scheme for retirement income?

Is Australia's globally acclaimed super system failing a significant portion of its citizens in practice?