Essential Report

Funding retirement

Jun 30, 2015

Q. How will you mainly fund your retirement – or if you are already retired, how are you currently mainly funding your retirement?

Total

Men

Women

Aged 18-34

Aged 35-54

Aged 55+

My superannuation

46%

54%

39%

58%

45%

35%

My partner’s superannuation

5%

2%

8%

3%

7%

4%

My savings and investments

16%

17%

15%

23%

17%

7%

My partner’s savings and investments

2%

1%

3%

3%

1%

1%

Government Pension

26%

22%

31%

8%

25%

50%

Other

4%

5%

4%

6%

5%

3%

46% say they will mainly fund (or are funding) their retirement through their superannuation and 26% mainly through the Government pension. 50% of those aged 55+ will rely mainly on the Government pension compared to only 8% of those aged 18-34.

Women are more likely to rely on the Government pension (31%) and less likely to rely on their superannuation (39%). 54% of men will mainly rely on their superannuation. 11% of women say they will rely on their partner’s super or investments.

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