Thursday, June 9th, 2011
Are you prepared for retirement ?….
Most Australians say they are not!
New research commissioned by major insurer Metlife has confirmed that Australians are still ill-prepared for retirement, with only one in four saying they have achieved their retirement goals or are likely to do so.
The new research, released at a Retirement Incomes breakfast hosted by Money Management’s sister publication, Super Review, confirmed that only four in 10 Australians have planned for retirement.
Women were at greater risk due to longer life expectancy and less planning.
The good news contained in the research is that those people who had actively planned for their retirement appeared confident in their ability to reach their goals in the next five years, with fewer than a third of such people feeling they were still behind.
