The numbers tell a compelling story:

• Women are expected to inherit $3.2 trillion over the coming decades
• Yet they typically retire with one-third less superannuation than men
• And women in their 50s are one of Australia's fastest-growing groups experiencing homelessness

These statistics¹ highlight an important reality — when it comes to money, women's experiences are different. Understanding those differences is the first step towards building greater financial confidence and security.

The largest intergenerational wealth transfer

While women may face unique retirement challenges, there is also a significant opportunity emerging.

Australia is experiencing the largest intergenerational wealth transfer in history, with women expected to be among its biggest beneficiaries. As ageing parents pass on assets and wealth to their families, many women are set to inherit money, property or investments over coming decades. For some, this may be the first time they've been responsible for managing substantial wealth on their own.

Others may find themselves making financial decisions after the death of a partner, receiving an inheritance, or considering how to pass wealth on to future generations. These milestones are rarely just about money — they can be accompanied by grief, uncertainty, family expectations and the weight of making important decisions on behalf of yourself as well as those you care about. While they often present new opportunities, they can also raise complex questions and emotions that can be difficult to navigate alone.

Questions around investing, retirement income, tax, estate planning, aged care and wealth transfer can be difficult to navigate without professional guidance.

Why women often retire with less

Women face unique financial decisions and challenges through their lives, many of which have a flow on effect to their super balances.

Taking time out of the workforce to care for children or family members, working part-time, lower lifetime earnings and living longer on average can all impact how much super women accumulate over time.

For some women, relationship breakdown later in life can also have a significant financial impact. Divorce or separation in your 50s or 60s may mean dividing assets, rebuilding retirement savings, adjusting plans or taking on financial responsibilities independently for the first time in many years. While these transitions can be challenging emotionally and financially, they can also be an opportunity to reassess your goals and create a plan that reflects your next chapter.

It's important to remember that retirement is shaped by the decisions you make along the way, not just by where you start. Whether you're looking to grow your super, prepare for retirement, manage an inheritance or support the next generation, having a clear strategy and access to the right advice can help you make informed choices and feel more confident about what's ahead.

Financial confidence isn't about knowing everything

The reality is that you don't need to become a financial expert to make informed decisions. What matters is having access to the right information, support and guidance when important decisions need to be made.

We are here to help. With expert female advisers in Sydney, Melbourne, Brisbane, Perth, Hobart and multiple regional locations across Australia, you’ll find an experienced Shadforth representative near you.

¹ https://www.jbwere.com.au/campaigns/growth-of-women-and-wealth