Money magazine Comments - The generation most worried they can't afford to retire Two-thirds of Australians fear they won't have enough money to last through retirement, with one generation feeling significantly worse off. https://www.moneymag.com.au/feed/latest?story=179799715 Thu, 25 May 2023 13:48:48 +1000 Thu, 25 May 2023 13:48:48 +1000 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - The generation most worried they can't afford to retire https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by Sam H ()

I think most people don't plan for the future... or their plan is to rely upon Super (without contributing extra) and the Pension, and then hope for the best come retirement. I think that was evidenced during covid times when people didn't have savings to fall back on. I knew when I started working I needed to put extra away both in and out of Super to fund a nice retirement, and potentially an early retirement. Never earnt a fortune, maybe a bit above average now, but it wasn't always that way. And we still managed to pay off the house loan, travel and renovate/extend the family home.

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]]> Sam H () Thu, 25 May 2023 13:48:48 +1000