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 |
|
Men |
Women |
Aged 18-34 |
Aged 35-54 |
Aged 55+ |
|
Mar 14 |
|
| A lot of attention |
15% |
14% |
15% |
4% |
12% |
31% |
21% |
||
| Some attention |
33% |
36% |
31% |
28% |
37% |
35% |
35% |
||
| Not much attention |
29% |
29% |
29% |
39% |
30% |
14% |
27% |
||
| None at all |
16% |
14% |
19% |
20% |
13% |
16% |
15% |
||
| Don’t know |
7% |
7% |
7% |
9% |
8% |
3% |
3% |
15% say they pay a lot of attention to arrangements for retirement income and a further 33% say they pay some attention. 45% pay no or not much attention. This indicates somewhat less attention being paid to retirement income that when this question was asked in March.
Interest in retirement income increases with age – 31% of those aged 55+ are paying a lot of attention compared to just 4% of those aged 18-34.
Those on higher incomes also pay more attention to their retirement income – 54% of those earning $1,600+ pw are paying a lot or some attention compared to 42% of those earning under $600 pw.