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%).