Audio interview

Australians' super savings may be bigger than thought, report finds

Publisher
Older people Retirement Retirement income Superannuation Australia
Description

New research suggests older Australians may be heading into retirement with a much bigger nest egg than commonly thought.

The report, by investment management firm Challenger, finds average household super wealth for those nearing retirement is close to $500,000. Given we're also living longer than ever before, it raises questions about how to manage that money after retirement.

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