Ageing and Money: Public opinion on pensions, inheritance, financial wellbeing in retirement and caring for older Australians

This ANUpoll of Australian public opinion on ageing and money – the 20th ANUpoll – helps us to understand how well Australia is positioned to meet the ageing challenge, how Australians’ attitudes compare to those in the US, Britain and other countries and highlights areas in which policy attention may be required. While many Australians believe that they will have comfortable living standards in retirement, there is a significant proportion who are uncertain as to whether they will have sufficient funds in retirement to live comfortably. Similarly, while many Australians are not concerned that they will become a burden on their family as they age, many are concerned about this. The study highlights that people with lower household incomes are much more concerned about their retirement living standards and becoming a burden on their family.