AUSTRALIA is in sixth place in a global ranking of welfare in retirement of 43 countries.
IT'S unlikely the age pension will meet your needs, so it is imperative you take superannuation seriously.
ALMOST half of older working Australians expect to retire with debt, while also being responsible for the majority of financial giving in families.
ONE of the greatest challenges facing new retirees is how best to manage their long-awaited superannuation funds to provide a comfortable living while ensuring the money lasts for as long as is needed.
WHILE most Australians will be unaffected by changes to superannuation which come into affect on July 1, those who are affected will be beating a path to their financial advisers’ doors to look for ways to cushion any negative effects on their long-term retirement funds.
MORE than one in three older Australians feel they don't have enough money set aside for retirement and over three-quarters have never received professional financial planning advice.