Photo of a woman with gold rings using a mobile phone

Slow progress costs women later in life

Being carers costs women more than $500,000 over a lifetime, leaving them with less in retirement than men

Published: 23 December 2024
  • national
  • 23 December 2024
  • The Conversation

By the time they retire, women typically have about one third less superannuation than men.

This can amount to more than $500,000 when wages and super are combined over their lifetime.

The gendered super gap has narrowed over the last few decades, as women have joined the workforce in increasing numbers and the superannuation system has matured.

But progress is too slow. If we keep tracking as we are, we can’t expect parity until 2070. So why is the gap so persistent?