How does your balance compare? Australians reach a $172k super milestone

Australians' Superannuation Savings Reach $172k Milestone

Australians have reached a significant milestone in their superannuation savings, with a "historic" retirement shift observed by a peak body.

According to recent data, men aged 60 to 64 have an average of $396,000 in superannuation savings, while women in the same age group have an average of $313,000.

Some Australians are not confident about their retirement.

The retirement savings of Australians vary, with some having sufficient funds while others are concerned about their future.

Author's summary: Australians' superannuation savings have reached a milestone.

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SBS SBS — 2025-10-24

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