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The evolution of retirement income: A 2022 snapshot

The evolution of retirement income: A 2022 snapshot

25 August 2022
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This report investigates how older retirees are managing their retirement income and assets 30 years after the Superannuation Guarantee became law in 1992.

Summary

This snapshot of older Australians' financial circumstances provides evidence that maintaining wealth, including home equity, is a priority for retirees. Capital provides security against unforeseen circumstances, especially medical and health needs. The intention and capacity to maintain wealth, however, are dependent on various personal characteristics including age, gender, health, wealth, partner status and exposure to the aged care system.

The evolution of retirement income: A 2022 snapshot

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National Seniors is a not-for-profit membership and advocacy organisation that gives older Australians – working and retired – a strong national voice. We tackle issues such as age discrimination, mature age employment, the Age Pension, social inclusion, cost of living concerns and more.

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