From financialnewswire.com.au: Research from the Brighter Super 2024 Retirement Income Report reveals a widening gender gap in retirement income confidence among Australians, with women facing a median funding shortfall of $1,500 per month compared to $1,100 for men.

The report highlights that 71% of women expect a funding shortfall in retirement, and only 22% feel prepared, a stark contrast to 36% of men.

Efforts to seek financial advice have emerged as crucial for improving women’s retirement preparedness, with many retirees regretting their lack of superannuation contributions.