From www.sbs.com.au: (Podcast) New research indicates that Australian retirees may become among the wealthiest in the world by 2031, potentially ranking second in retirement savings after the United States.
However, advocates highlight significant disparities, particularly among older women, who often have considerably less superannuation and face increased poverty levels.
Economists call for reforms to the superannuation system and an increase in the Age Pension to ensure more equitable benefits for all retirees.