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Based on this, I think it would be fair to assume that the average 70-year-old man has a balance in the region of $452,000, whereas the average 70-year-old woman has around $401,000 in their super.
The average price of an Australian home has surpassed A$1m ($652,000; £483,000) for the first time, as the nation grapples with a housing affordability crisis.
The average price of an Australian home has surpassed A$1m ($652,000; £483,000) for the first time, as the nation grapples with a housing affordability crisis.
Based on this, it's reasonable to assume that the average 50-year-old has a balance somewhere in the middle of these ranges. So, this could mean approximately $209,000 for men and $156,000 for women.
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Here's the average Australian superannuation balance at age 50Are you on track for a comfortable retirement? Let's dig into the numbers. The post Here's the average Australian superannuation balance at age 50 appeared first on The Motley Fool Australia.
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