Any change to the pension eligibility age should consider the differing situations that influence an individual’s working life, health and mortality. If a labourer can’t work beyond 60 it’ll be a long wait to access a pension.
Author Archive | Bruce Gregor
Super funds should provide a calculation of a member’s actual average return over their period of membership based on their own personal cash flow of contributions and fees experienced.
In 1909, there were 15 workers for every retiree, but by 2025 it will be down to only 3.5 workers. But we’re still defining ‘retiree’ as over 65. Using dynamic retirement age principles gives a brighter perspective on old age dependency.
Australia is at a critical point on four fronts – economic growth, capital allocation, public finance and personal management of retirement income. Demographics provides a road map of where we are heading.