Rising Costs Put Retirement Confidence Under Pressure
The share of retirees struggling financially more than tripled, while confidence in having enough money for retirement fell sharply, the report found.
4 Articles
4 Articles
Rising costs put retirement confidence under pressure
More Australian retirees are struggling to make ends meet, with new research revealing growing concern about household costs and whether savings will last. The Brighter Super and Investment Trends Retirement Income Report found the proportion of retirees struggling financially more than tripled over the past year, rising from four per cent to 13 per cent. […]
Retirement confidence lowest in a decade: Report
Just over a quarter of pre-retirees (28%) feel prepared approaching retirement, which has sunk to its lowest point in a decade as those with lower super balances take the biggest hit, an annual report highlighted. According to the Brighter Super and Investment Trends 2026 Retirement Income Report, the share of retirees living comfortably has plunged to 38% from 58% in a year, with three in four blaming the cost of living. Retirees' confidence in…
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