Superannuation fund Sunsuper today launched its 2017 Australian Employee Insights Report, which looked at 1,000 Australians throughout 2017.
The report found that while 51 per cent of Australians want to spend their retirement years travelling, 63 per cent do not have a plan for how they are going to live in retirement.
Further, 73 per cent of Aussies say they think they will use the age pension in their retirement.
Sunsuper’s head of advice and retail distribution Anne Fuchs said, “It is concerning that many Australians don’t know or haven’t thought about using their super to fund retirement.
“For the 63 per cent of workers who don’t have a retirement plan, getting advice at any age will make a difference later in life.
“We know that those who get advice are generally better off in retirement.”
… Hope you didn’t forget to put on your white had and mask this morning…
A bit hypocritical for a union fund to be saying Australians need more advice. A large part of the reason many Australians don’t get advice is due to the anti adviser lies and deception constantly spewed out by the union fund PR machine.