The survey of 2,000 Australians conducted by the NAB-aligned wealth group found that both men and women in this age bracket “rated their concern about having adequate funds for retirement at 73 per cent”.
People over 50 as well as 18-29 year-olds had an equal level of concern at 64 per cent, the survey found.
“We’re delighted to see superannuation starting to hit a nerve with the younger 30-49 year-old group and hopefully this concern leads to greater action,” said MLC general manager Lara Bourguignon.
“Most Australians are inadequately prepared for retirement, which is why we recently launched the Let’s Save Retirement campaign to educate and encourage Australians to take control of their financial futures.”
The Howard government began the process of making it easy for retirees no support themselves. The Abbot government is intent on taking us back to the dark ages. It is now way too difficult for retired old people to save for their own longevity and if he governs for long enough he will rue the day.