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  • Apr, 2013

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    Retirement income

    Q. After you reach retirement age, what do you expect will be your main source of income?

     

    Total

    Vote
    ALP

    Vote Lib

    Vote Greens

    Men

    Women

    Aged 18
    -24

    Aged 25
    -34

    Aged 35
    -44

    Aged 45
    -54

    Aged 55
    -64

    The Government age pension

    27%

    32%

    24%

    29%

    25%

    29%

    9%

    16%

    27%

    36%

    42%

    Your superannuation

    34%

    34%

    37%

    34%

    38%

    31%

    51%

    32%

    33%

    28%

    38%

    Other investments

    20%

    15%

    24%

    18%

    21%

    18%

    20%

    30%

    20%

    16%

    8%

    Other

    2%

    3%

    2%

    2%

    1%

    4%

    3%

    1%

    1%

    3%

    4%

    Don’t know

    17%

    16%

    13%

    17%

    16%

    17%

    17%

    20%

    19%

    16%

    8%

    * Based on respondents aged under 65.

    34% of those aged under 65 believe that superannuation will be their main source of income in retirement. 27% think they will depend more on the age pension and 20% on other investments.

    Men were more likely than women to think super would be their main source of income (38%/31%).

    46% of those earning less than $1,000 pw think they will rely more on the age pension while 42% of those earning $1,000+ pw think their super will be their main form of income.

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