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Half of Australian Adults Have Never Sought Retirement Advice

Half of Australian Adults Have Never Sought Retirement Advice
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Half of Australian Adults Have Never Sought Retirement Advice Australians are sleepwalking into their retirement, according to new research. Only half of adults have accessed any source of retirement information, a survey by the Association of Superannuation Funds of Australia shows. Meanwhile, younger people are 10 times more likely than those over 65 to turn to social media for guidance — despite it ranking as the country’s least-trusted source of retirement advice.

Half of Australian Adults Have Never Sought Retirement Advice Australians are sleepwalking into their retirement, according to new research. Only half of adults have accessed any source of retirement information, a survey by the Association of Superannuation Funds of Australia shows. Meanwhile, younger people are 10 times more likely than those over 65 to turn to social media for guidance — despite it ranking as the country’s least-trusted source of retirement advice.
Australian (ORG) Australians (ORG) the Association of Superannuation Funds of Australia (ORG)
Originally published by Bloomberg Markets Read original →