Retirement transitions in four countries

In this study, Vanguard sought to understand the way in which households transition into retirement by comparing the planning process for pre-retirees and recent retirees in four countries – the United States, Canada, the United Kingdom and Australia – all in various stages of a shift from defined benefit (DB) to defined contribution (DC) workplace retirement systems.

 

(Click on the cover page image for the full document).

 

 

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2 Responses to Retirement transitions in four countries

  1. Derick August 31, 2017 at 6:00 PM #

    Interesting that Australia has by far the lowest trust in financial advisers and institutions compared to the other countries.
    One can only imagine that this rating would be even worse after the latest Commonwealth Bank debacle.
    It would therefore seem imperative that we demonstrate that we do still have the rule of law in this country by punishing the bank and its executives as the public would expect in view of the repeated transgressions (lest they be seen to be above the law in which case any remaining trust would evaporate).

  2. eric wells September 2, 2017 at 9:04 PM #

    STILL the only and best way, is to follow the precepts of Warren Buffet, read all HIS letters to his shareholders, and learn ALL you can about the companies you invest in.

    Know your companies.

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