Bridging the Gender Gap: Improving Retirement Outcomes for Australian Women

In 2017-18, the average balance for those with superannuation at age 60-64 was $279,167 for women and $344,718 for men — a gap of 19 per cent ($65,551). The median balance was $128,507 for women and $163,985 for men — a gap of 22 per cent ($35,478)¹. In addition, women are living longer, with a life expectancy at birth in 2018-2020 for females of 85.3 years as compared to 81.2 years for males².