Retirement income

Q. Do you believe that you will have adequate income from your superannuation and investments to live a comfortable lifestyle when you choose to stop working? (based on those who work full-time or part-time)

	Total		Men	Women	Aged 18-34	Aged 35-54	Aged 55+		Income less than $1,000 pw	Income $1,000-1,600 pw	Income $1,600+ pw
Yes – I feel confident	7%		8%	5%	8%	5%	10%		4%	6%	10%
Yes – I think so	23%		23%	22%	21%	23%	23%		15%	26%	30%
Unsure	32%		37%	27%	29%	34%	24%		34%	24%	30%
No – I have no idea what I need	13%		12%	14%	20%	11%	7%		12%	17%	10%
No – it worries me	26%		20%	32%	21%	27%	35%		35%	28%	19%

Only 30% of workers believe they will have adequate income from superannuation and investments to live a comfortable lifestyle when they retire.

39% think they won’t have enough and 32% are unsure. Those most likely to think they won’t have enough were aged 55+ (42%) and those on incomes less than $1,000 pw (47%).