To put it into perspective, the average superannuation balance for current retirees (65-69 years old) is only around $270k for men and $157k for women.
THAT’S AN AVERAGE OF $10,675 PER ANNUM OR $205 PER WEEK!
What does this mean for you? Unless you are in the 5% of people, your retirement may be spent dependent on the pension, family or the charity of others.