The Common Superannuation Strategy Leaving Women Behind
Many women are starting retirement on the back foot, and one of the most trusted superannuation strategies could be making the problem worse.
The "60/40" investment strategy, with 60% of savings in shares for growth and 40% in bonds for stability, has been considered the gold standard for retirement.
- Many superannuation funds follow this formula by default.
- Plenty of retirees trust it to see them comfortably through their later years.
However, new research suggests this one-size-fits-all approach might not be as reliable as we think, and for many women, it could leave them running out of money far sooner than expected.
A study from Monash University found that women are at significantly greater risk of exhausting their retirement savings than men if they rely solely on the traditional 60/40 mix.
Author's summary: Women face retirement savings risks due to traditional strategy.
More News
- Recap: Luka Doncic Impresses In Preseason Debut But Lakers Fall To Suns
- Corinium champions crowned at Cirencester Bowls Club
- Drunk Mice Reveal Brain Circuits Involved in Binge Drinking
- Fortescue cuts hundreds of jobs in UK and Australia as it sends EV motor making to China
- Brendan Gallagher: No-one is immune to this awful disease
- COLUMN: Bahamas getting the US Ambassador we need
- Don Was and The Pan-Detroit Ensemble tour debut album - C-VILLE Weekly
- Sinn Fein says Government have failed people with disabilities - Midwest Radio
- Brendan Gallagher: Furious little bull who was as hard as nails
- WPP continues AI overhaul with $400-million Google partnership | Advertising | Campaign India