Australia, like the rest of the developed world, has a problem: its population is getting older. As the number of retirees increasingly outnumbers those still working, funding for pensioners comes under growing pressure. The solution, we are told, is self-funded retirement through superannuation. Contribution rates are increasing and young workers have plenty of time to build a nest-egg. But are they paying attention? The Global Financial Crisis provides the opportunity to observe the reactions of individuals, to determine their engagement with superannuation. This book looks at what individuals did as their investments crashed throughout 2008 and 2009. The results are a pulse-check for the superannuation system and offer an insight into the future success of retirement funding in Australia.
- ISBN10 1445789868
- ISBN13 9781445789866
- Publish Date 9 September 2010
- Publish Status Out of Print
- Out of Print 17 October 2012
- Publish Country GB
- Imprint Lulu.com
- Format Paperback
- Pages 153
- Language English