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Most retirees fear outliving their savings: Research

Most retirees fear outliving their savings: Research

Two-thirds of retirees in Australia who have been out of the workforce for at least five years believe they'll spend their savings over the next 20 years, new research reveals.

by Shared by the ifa | Jan 20, 2020

The survey from peak body National Seniors Australia (NSA) and wealth group Challenger has discovered that most older Australians (53 per cent) are worried about outliving their savings, with more women (59 per cent) being concerned than men (47 per cent).