Superannuation

The financial wellbeing of women in retirement is a significant and growing concern, as women still lag substantially when it comes to retirement balances. On average, a woman retires with $157,000, while a man’s average balance is 72% more, at $270,0001. So why is this? And what can women do now to change their outcome in retirement?

It is no wonder they keep moving the goalposts.

• The timeline between how many years you spend working and how many years you spend in retirement might be closer than you think. Do you have a plan for saving enough during your working years to sustain you in retirement?