'I Will Be Stuffed': How Superannuation Sells Women Short

'I Will Be Stuffed': How Superannuation Sells Women Short

Sobering news through this week, showing that Australia's superannuation system is failing in its primary goal of providing universal benefits and is systematically biased against women.

Australian Super Balances

Twenty-five years after its introduction, women are on track to retire on roughly half the superannuation balance of men, with the typical woman's balance on retirement just $80,000, enough to live on for just three years, even on the most basic of living standards.

The report says superannuation is predicated on the notion that every worker is an employee. But the rise of non-standard work means almost a quarter of female workers aren't in a traditional permanent jobs and are instead working as casuals, contractors, subcontractors, for themselves or on zero-hours contracts.

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Check it out at PMC Postcards and see why you should make it your New Year's resolution to have your retirement goals reassessed and see what type of summer you will be looking forward to in your twilight years!

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Read through our latest magazine, to see the successes and lessons learnt from many Club members!

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Property Club members are having a lot of success with Club research assisting them to acquire a residential property portfolio, that will give them more choices in retirement!

Make sure you contact your Property Mentor to assist you to catch the wave as well!

Have a great weekend and catch you next week!

Warm Regards,

Troy Gunasekera National Manager Property Club

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