Exploring the obstacles in obtaining financial advice for retirement planning and the significance of savings education, additional contributions, and ensuring long-term financial stability. Highlighting Australia's successful retirement system based on mandatory savings.
Experts have long held up Australia’s 32-year-old “superannuation” system as the retirement model to follow. But as countries all around the world are bracing for a “silver tsunami” of aging baby boomers, even Australians worry they don’t have enough saved.
Today, host Sarah Holder and Bloomberg’s Amy Bainbridge discuss what makes this system so super — and why it’s still falling short.
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