Introduction: In February 2026, Australia’s retirement wealth landscape experienced significant changes. The savings required for a “comfortable retirement” reached historic highs, while household bank deposits also hit record levels. However, with interest rates stabilizing at relatively high levels and the cost of living remaining elevated, households’ sense of financial security has not increased in parallel. This trend highlights a deeper shift—Australian households are moving from savings-driven wealth to structure-optimized wealth management, where superannuation, asset allocation strategies, and risk management capabilities are becoming critical factors for long-term financial sustainability.