Renters Need Twice Super for Comfortable Retirement
Update: 2025-12-08
Description
Australian renters require nearly double the superannuation as homeowners for a comfortable retirement, according to a new report. The report, from Super Consumers Australia, reveals that over 325,000 age pensioners received Commonwealth Rent Assistance in June 2025, yet nearly one-third still faced rental stress. A single renter needs $659,000 in super, compared to $322,000 for a homeowner. Super Consumers Australia urges the government to address rental assistance and for superannuation funds to provide better retirement savings tools.
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