Q. In general, how much attention do you pay to arrangements for your retirement income, such as your superannuation returns and fees, wealth management and other forms of long-term savings?
|
Total |
|
Aged 18-34 |
Aged 35-54 |
Aged 55+ |
|
| A lot of attention |
21% |
8% |
20% |
37% |
|
| Some attention |
35% |
30% |
42% |
29% |
|
| Not much attention |
27% |
35% |
27% |
15% |
|
| None at all |
15% |
21% |
8% |
16% |
|
| Don’t know |
3% |
5% |
2% |
2% |
21% say they pay a lot of attention to arrangements for your retirement income and a further 35% say they pay some attention. 42% pay no or not much attention.
Interest in retirement income increases with age – 37% of those aged 55+ are paying a lot of attention compered to just 8% of those aged 18-34.
61% of men pay a lot/some attention compared to 51% of women.
Those on higher incomes also pay more attention to their retirement income – 63% of those earning $1,600+ pw are paying a lot or some attention compared to 39% of those earning under $600 pw.