Australians have reached a "historic" retirement milestone, with significant superannuation savings accumulated.
According to recent data, at ages 60 to 64, men have an average of $396,000 in superannuation savings, while women have an average of $313,000.
Some Australians are not confident about their retirement.
To find out how much you need per year for retirement, consider reviewing your personal financial situation.
Author's summary: Australians' superannuation savings have reached a milestone.