The retirement epectations of middle-aged Australians

Deborah A. Cobb-Clark*, Steven Stillman

*Corresponding author for this work

    Research output: Contribution to journalArticlepeer-review

    24 Citations (Scopus)

    Abstract

    We use HILDA data to examine the retirement plans of middle-aged Australians. We find that approximately two-thirds of men and more than half of women report a numeric expected retirement age which we refer to as having a standard retirement plan. Still, one in five individuals seem to have delayed their retirement planning and approximately 1 in 11 either does not know when he or she expects to retire or expects to never retire. Retirement plans are closely related to current labour market position, with workers in jobs with well-defined superannuation benefits more likely to report numeric expected retirement ages.

    Original languageEnglish
    Pages (from-to)146-163
    Number of pages18
    JournalEconomic Record
    Volume85
    Issue number269
    DOIs
    Publication statusPublished - 2009

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