Superannuation balance of intending retirees increasing, but females still lag

Original article by Roy Morgan Research
Market Research Update – Page: Online : 31-Jul-17

A Roy Morgan Single Source survey shows that an estimated 430,000 Australians intend to retire in the next 12 months. An analysis of the superannuation of intending retirees shows that the average balance for women is $158,000, or 60.8% of the male average of $260,000. The gender gap has closed considerably since 2008, when the female balance was only $79,000 or 55.2% of the average male superannuation balance. A great deal of publicity has been given to this issue, and it has obviously increased awareness and effort to improve retirement funding for women.

CORPORATES
ROY MORGAN RESEARCH LIMITED

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