Australians have reached a "historic" retirement milestone, with significant superannuation savings.
At ages 60 to 64, men average around $396,000 in superannuation savings, while women average about $313,000.
Some Australians are not confident about their retirement.
The public sector gender pay gap data has been revealed, highlighting the differences in retirement savings.
Australians are retiring five years later, posing a "big problem" for future generations.
Author's note: Australians' superannuation savings vary by age and gender.