Over two-thirds of Kiwis are worried they won’t be able to retire. KiwiSaver was supposed to help but the reality is many will still fall well short of what is needed to live comfortably past 65.
No one suddenly becomes old and unproductive on their 65th birthday, so a reformulation of both working age and retirement is sorely warranted.
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A revised retirement age would significantly decrease the number of people classified as ‘old’ and would more accurately reflect the total number of working people in Canada.
Old age poverty is looming for thousands of New Zealanders who are going into retirement without a house, without savings and facing high costs of living.
An ageing labour force and ongoing border closures will put severe pressure on
New Zealand’s economic reliance on immigration.
These days, people in their 20s are figuring out who they are as adults, rather than experiencing “extended adolescence.”
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Depending on circumstances, it may be time to re-think the bias to paying down housing debt over wealth accumulation in super. At least to do the sums, so you can make an informed choice.
Parents who borrow for their children’s college education say finances control their lives.
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Australian retirees can keep stashing away more superannuation, unused, for another year, even though the crisis prompting the concession has passed. The big winners? Rich retirees and their kids.
Lifetime tenure has pushed the average age of judicial nominees down as presidents appoint younger justices in hopes they will serve for many decades.
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Unlike in most countries, US Supreme Court justices enjoy life tenure. Some legal scholars believe that centuries-old custom, meant to protect judicial independence, no longer serves the public.
For some people, accessing their super early for fertility treatments is their only chance to start or extend their family. And they need better protection.
The coronavirus pandemic has affected travel, but the decision to fly south for the winter isn’t a simple one.
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The decision to go south for the winter during the ongoing pandemic is a complex one, informed by factors such as availability of recreational opportunities and cost of living.
President-elect Joe Biden stands on stage after making his victory speech on Nov. 7, 2020, in Wilmington, Del.
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Plamen V Nikolov, Binghamton University, State University of New York
A study of a retirement program in China found that people who retired early suffered significant cognitive decline that put them at risk of early onset of dementia.
Members of the Oasis Senior Supportive Living Program pole walking in their community.
Naturally occurring retirement communities, or NORCs, are unplanned communities that have a high proportion of older residents. They may be critical to finding housing solutions for aging Canadians.
It’s recommended that most adults get at least seven hours of sleep a night.
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Professorial Fellow and Deputy Director (Research), HILDA Survey, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne