👉 "Superannuating" is a term used in the field of finance and accounting to describe a person who has reached or will reach the age of retirement, which can typically be defined as 65 years old. This means that the individual will have worked for many years but may still have some financial assets left. In other words, "superannuating" individuals are those who have accumulated significant amounts of financial wealth and are likely to have a significant impact on their retirement savings if they choose to