What is the average amount people save for their retirement?
Learn MoreWorkers saved an average of 15% of their income for retirement in 2023, according to a global report just released by Natixis Investment Managers.
Generational differences in retirement savingsThe report found that the portion of income saved for retirement between 2019 and 2023 differed between the generations.
In Australia, superannuation is the main way workers save for their retirement.
Worryingly, our research also found that retirement literacy and retirement confidence are low amongst the younger generations.
..
News articles remains the property of the source. Tellbrief is a news aggregator.
