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Industry Super Australia has released new research that demonstrates that the typical woman is retiring with almost $60,000 less super than men – as the federal government drags its feet on fixing the gender super gap and still has not re-committed to sticking with the legislated super increase.
The median super balance for a woman in her early 60s is just $146,900, lagging the male median of $204,200. Both men and women have less than the $545,000 recommended for a comfortable retirement.
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Gender super gap widens as the government dithers