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.