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Retirement planning: Before, during and after - the big picture with Fidelity's Richard Dinham

Australian Investors Podcast

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The Demographic Challenges Australia Is Facing

The Intergenerational Report was published in 2021. It looked at the demographic challenges that Australia is trying to face, and some of the numbers that probably we need to be aware of. We are an aging population like most other Western economies. There's not enough replacement sort of new births coming through. The cost of the age pension is reducing over the next 30 years from 2.5 to 2.1% of GDP. And that may surprise you given the the aging population, but that's really due to the growth in super.

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