At the end of August Vanguard Super released insights from its How Australia Retires study. This report focused on gender differences in retirement planning and retirement income.
At one level you might ask if we learn anything new from such surveys or are the reports of women with lower super balances sadly predictable. The team at Retirement Essentials believes this survey to be both useful and important. Here’s why.
The world is full of two types of people when it comes to gender and money management; those who believe men and women behave differently and those who disagree. The Vanguard results supports the theory that there are definite differences in behaviour between the genders.
The first key difference between men and women pre-retirees reported by Vanguard was in their financial circumstances.
