MLC has commissioned IPSOS to prepare a three-part independent whitepaper to explore the challenge of how to get more Australians to think about their retirement.
The research, which surveyed more than 2,000 Australians, shows the cost of living, and the impact it will have on future generations. The key themes included are:
- A majority of Australians (66%) feel unprepared for retirement.
- Only 15% believe they are very well or fairly well prepared for retirement.
- Those who use finance professionals are over three times more likely to feel prepared for retirement.
- Only 54% believe their superannuation will be enough to see them through their post-work lives.
Taking the steps now to prepare yourself for retirement, no matter how far in the future, will ensure you are well set up to enjoy a comfortable retirement doing the things you want to do!
We have included the full three part whitepapers as attachments below for your reading.