This report by Diana Warren compares key characteristics of retirement for men and women including reasons for retiring, transitions to retirement, life satisfaction, the effect of the presence of a spouse or partner and financial security. The report presents new findings about differences in life in retirement for single and partnered women, as well as...

The adequacy of Australia’s superannuation savings is a topic of ongoing concern. The common perception is that Australians, in general, have not saved enough for their retirement and that the current level of compulsory superannuation guarantee contributions made by employers on behalf of employees will produce an inadequate level of benefits for current and future...

The overall aim of the Australian retirement income system is to reduce poverty in retirement and produce a higher income in retirement than can be achieved by reliance on the age pension alone. Recently, a third goal has begun to emerge, that of prolonging a person’s workforce attachment. The success of the retirement income system...

Aydogan Ulker analyses the role of the elderly couples' past marital history in determining their current wealth holdings and portfolio allocation using data from the first wave of the Health and Retirement Study. The results suggest that, while the net cost of divorce in terms of household wealth accumulation is higher for men than it...

The average Victorian is not currently enjoying a financially comfortable retirement, according to this presentation. The Westpac/ASFA Retirement Income Index for a retired Victorian to have comfortable living standard a single person needs $631 per week while a couple need $834 per week ($417 each). More than 70 per cent of senior Victorians are nowhere...