Super race against time heats up with funds left untouched
Australians not seizing the opportunity to grow their super balances might miss out on the benefits of a financially comfortable retirement.
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Aussies are not feeling confident about retirement amid high costs
Prospective retirees may be looking to hang up their hats as October showed online searches for retirement planning rose by 50%, according to Aware Super.
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Do you have enough super? Aussies over 55 have doubts
When we think about retirement, confidence is key. Unfortunately, a recent survey by CoreData published 24 October found many Aussies aged 55 and over are uneasy about their retirement funds.
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Women retire with $136,000 less in their super than men
Women over the age of 35 who are earning average salaries of $80,000 are the forgotten majority when it comes to superannuation, and tend to retire with $136,000 less than men according to Employment Hero.
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Gaps in financial knowledge impacts retirement spending
New research from AMP reveals some Aussies may be hitting a snag when it comes to dealing with the retirement system.
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Early retirement: Is your super balance where you’d like it to be?
For many Aussies, the intended age of retirement might not match up with their actual retirement age, recent data from the Australian Bureau of Statistics (ABS) shows.
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APRA calls out choice super products that are falling short
Aussies could be losing retirement money as some superannuation funds failed a recent performance test of choice super products.
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New retirement saving targets released: How much should Australians have saved for retirement?
There is a mountain of information out there about how to prepare for retirement and what ways you can boost your superannuation savings. However, it all comes down to the age old question, how much money do you really need to have saved up for you to enjoy retirement?
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What’s a good annual return on super?
In good news for Australian superannuation members, the median return generated for growth funds for the financial year 2022/2023 was 9.2% according to a report by Chant West.
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Data reveals superannuation pay gap over $100,000
The gender pay gap has been a hurdle for women’s income for decades, with a lot of organisational work being put in to help close it. While the gap is not as stark as it was when our parents were growing up, according to the Workplace Gender Equality Agency , women who work full time are still earning $319.20 less a week than their male counterparts based on seasonally adjusted average weekly earnings.
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