Super for some, but not for women

Women (mostly!) already have to do everything around the house and it turns out they don’t get any help when it comes to superannuation either. The compounded effects of having children, caring for their own parents in old age and working part-time mean Australian women will have to work 15 years longer than men if they want to achieve the same amount of savings. In its annual Retirement Readiness Report released in May, Westpac found the average woman aged 60-64 had $268,000 in her super account whereas the average Australian man in that age range had $413,000. The researchers...

Women (mostly!) already have to do everything around the house and it turns out they don’t get any help when it comes to superannuation either.

The compounded effects of having children, caring for their own parents in old age and working part-time mean Australian women will have to work 15 years longer than men if they want to achieve the same amount of savings.

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