Retirement is not just an event, it’s a process of transition that can have a huge impact psychologically, not just professionally.
Articles on Pension age
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It may seem like a long time away but having an idea of how much income you’ll need to survive on in future is crucial.
Lifting Australia’s retirement age happened with little protest. But it hits some more than others: especially Indigenous men and women, and tens of thousands of older people pushed onto JobSeeker.
For people who worked manual jobs (such as electricians or carers), this number was even lower.
Another hectic week in federal politics saw the government change the age of pension eligibility, Julie Bishop arguing for more women in parliament, and the Peter Dutton au pair story continuing to bubble along.
The controversial plan to raise the age of the pension to 70 has been scrapped, with eligibility rising to 67 in 2023, where it will stay.
Top contributors
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Professorial Fellow, University of Canberra
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Senior Lecturer in Statistics, Keele University
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Senior Lecturer in Public Health and Epidemiology, Keele University
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AXA Professor of Epidemiology of Ageing, Newcastle University
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Principal Lecturer in Finance, Cardiff Metropolitan University
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Doctoral researcher, Keele University
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Professor, Crawford School of Public Policy, Australian National University
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Emeritus Professor, Faculty of Health, Arts and Design, Swinburne University of Technology