Australian retirees leaving the workplace with 'inadequate savings'
Australian retirees leaving the workplace with 'inadequate savings'
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@elenawalker3746 Says:
So, they expect Australians to work until they die at their workplace, work for 45 years and die mid 70s onwards doesn't give you much time to enjoy the rest of your life does it.
@anitacohen8753 Says:
Savings???? Where do you get that? The average mug is lucky to have a permanent job! With the cost of everything escalating, you are lucky to survive!
@wing.yeelau2450 Says:
I don’t that I can retire even struggling on living
@trevorsharpe1542 Says:
Your superannuation isn’t for your retirement holidays it’s for aged care retirement so you can pay for them to care for you
@TheMightyAbs Says:
My question is where are the kids to help in this situation? Why it is we live in such a western individualistic culture where the expectation is that taxpayers struggling under already heavy tax burden are forced to pay ever more taxes to fund age pension increases for house rich but income poor retirees? Most who retireed bought their multimillion dollar houses decades ago for $100k. They should either get a loan against that asset at a sustainable withdrawal rate to be settled when they die as part of their estate, or their kids who will inherit from them should go and help their old parents out and look after them. If parents can hold a kids hand to help take their first steps then certainly it should be their responsibility to help their parents in old age take their last steps.
@MellanieBroad Says:
Most people dont live past 75 to 78 lets get real if they are lucky.
@Wit_Shunter Says:
Let them eat cake.
@suzannehall5200 Says:
Why isn’t financial literacy taught in schools. It’s almost non existent in this country and we are seeing the consequences of that now.
@85yugs Says:
It's not fair actually, how much more do you want to take? Maybe I'd like to go to pub on Friday night, instead I'm working to subsidize the bludgers. Start carrying your own water up the hill you cretins
@Gungho1a Says:
Thats because we've been taxed to hell supporting a crap health system, and an aboriginal industry.
@Pet-rf6rh Says:
Exit International
@kermitthehermit9588 Says:
Multiple divorces will do that
@Deano00777 Says:
Maybe they should stop buying smashed avo on toast!!!!
@creativecontent99999 Says:
600k will be plenty to retire to paradise overseas
@matthewstewart5008 Says:
Umm the dollars they saved 20-30 years ago means a lot less now Inflation
@brattfutz6074 Says:
Imagine living in a country with no jobs, no manufacturing, no houses, excess immagration, complaining you live too old , retire too early, not enough age care too care for the elderly.
@ianthompson3360 Says:
Taxed to the max Australians hard earned wages that's hard to come by they have been saying these words for years and the corruption in the system Australians are going to be screwed even more
@brattfutz6074 Says:
Im paying for age care go get fucked.
@brattfutz6074 Says:
Thats why you work here and retire over seas mate 👍
@brattfutz6074 Says:
Oh that late life expectancy!!! Cant have ppl living beyond retirement age ay! Costs too much get fucked.
@triplejazzmusicisall1883 Says:
Onlky SKY would be so careless as to use a picture click bait of a purse with one and two cent coins in it. How many decades has it been since those were removed from currency? Slack editing.
@brattfutz6074 Says:
What do you mean? They worked for 40 years some more and nothing? 😅😂😂 yeah I dnt think ill work at all thanks n just travel and enjoy life 🎉
@kkcw6668 Says:
Such reports wouldnt exist if the civilian population on this continent only had to cover the running costs of two levels of Govt instead of three!
@immune2PR Says:
Inflation has robbed all of us over 70% in the last 5 years
@BigMikeObama-q7y Says:
AUSTRALIA IS A WEAK WOKE COUNTRY RUN BY LEFTY LOONIE SOY BOYS AND TOXIC LEFTY FEMMINST WOMEN
@martinleung212 Says:
People without a decent superannuation saving can rely on a part CentreLink pension. There is no way of preparing for all "accidents" in life that may come your way.
@BigMikeObama-q7y Says:
AND PROBABLY 90% OF THE OLDIES VOTED LABOR THERE WHOLE LIFE....WAKE UP AUSTRALIA ITS ALL A SCAM...
@immune2PR Says:
Do we still pay tax for the aged pension?
@Rae-nq2yw Says:
That’s because the government is robbing everyone blind. No income tax.
@SirOppenheimer Says:
Eventually im just going to find an old couple and go bonny and Clyde with my girlfriend and take their Winnebago and break bad.
@David-d4k9k Says:
In this country, you are penalised for working hard to secure wealth. You end up subsiding others who have not.
@speedymccreedy8785 Says:
Retirement was affordable for quite a lot of people before the Cost of Albo crisis.
@David-d4k9k Says:
True. Aged care costs around $500,000 just to secure a room. On top of that you will need another $1500 per f/n on top. The best way is not to work to increase your salary. You will end up subsidising others who have bludged their way through life.
@David-d4k9k Says:
In Australia you need about $1m per couple.
@vernonwhite4660 Says:
They cannot build enough houses ,no way will they be able to provide the number of beds required.😮
@David-d4k9k Says:
Retiring at 57 is not sustainable.
@rabidsminions2079 Says:
I have found the below stats from the ABS @ 2022 women on average retire at 63.2 and for men it is 66.9 where as the life expectancy for women is 85.3 and for men it is 81.2. So women get to enjoy 22.1 years of retirement where as men only get 14.3 years in retirement. So the gender retirement gap is 7.8 years or 54.5% longer in retirement compared to men. Surely men should have a lower retirement age than women to close the retirement gap between women and men. Therefore men should have a retirement age of 60 and women 67.
@JacksDailyDrives Says:
who would be stupid enough to carry debt and only have half million in super and think retirement is a feasible option at 56 years old? You don't deserve to retire at 56 if you can't afford it because what you're essentially saying is that you feel entitled for other workers and tax payer to fund your lifestyle and nobody owes you a dime. I'm 37 and work as a doctor, I won't be retiring until im in my 60s and have no debt and significant assets outside of my super as well as a healthy super and even then if I'm healthy I'll aim to keep working part time as long as I can.
@skyliner467 Says:
Socialism
@troy6882 Says:
And to healthcare where i could walk in get my x-ray now i need a doctor's note at a cost to seeing a doctor plus the x-ray or drug use such as cocaine in Panadol and cut with horrible crap doc add 80 to the doctor approval form go gov. special.... while your paying sharehold to power not your system crack is crack.
@thehon.antiexperimentaldru3475 Says:
What was the average age of you know what deaths again???😆
@oldnutta7611 Says:
Sounds time for a Soylent Green factory. 😁
@godscreation724 Says:
If you feel lost, hopeless and broken, please know that God loves you very much! God sent His Son Jesus Christ for you. Jesus died on the cross and rose from the dead on the third day to save us from our sins. If we repent, believe in Jesus and receive Jesus as our Lord and Savior, God will forgive us and give us eternal life. Jesus loves you so much! He cares greatly for you. "Come to me, all you who are weary and burdened, and I will give you rest." [said Jesus] Matthew 11:28 (NIV) 🙏❤
@troy6882 Says:
White idiots at work while your worked to death so it can party at your cost cause it cant balance life to healthcare to inflation to retirement or work injury look at joe south is south look at America class there's something to talk about. Wind power whooshing weeeee how much class its a endless cost one to us private
@alwaysright3718 Says:
Australian men die a lot earlier than women so they don't have to worry... I only earn $400k so will have to work until at least 50 which sux... I believe we pay tax to get a pension and anyone that wants to argue this you better get your facts right before you look really really stupid...

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