Q. After you reach retirement age, what do you expect will be your main source of income?
|
Total |
|
Men |
Women |
|
Aged 18-34 |
Aged 35-54 |
Aged 55+ |
|
| The Government age pension |
27% |
25% |
29% |
20% |
26% |
45% |
||
| Your superannuation |
43% |
49% |
38% |
49% |
43% |
33% |
||
| Other investments |
15% |
14% |
16% |
18% |
15% |
11% |
||
| Other |
2% |
1% |
2% |
1% |
1% |
5% |
||
| Don’t know |
12% |
11% |
14% |
12% |
15% |
7% |
* Excludes already retired or not working
43% expect their superannuation will be their main form of income after retirement and 27% will mainly rely in the age pension. 45% of those aged 55+ expect to rely on the age pension compared to 20% of those aged 18-34.
Of those on higher incomes ($1,600+ pw), only 15% expect to rely on the age pension – 54% expect superannuation to be their main source of income and 23% said they would rely on other investments.