Self-funded retirees and many part pensioners will pay more for their aged care under the government’s reform package, endorsed by the opposition and announced on Thursday.
Australians are good at accumulating savings for retirement but they are not so good at mapping out the best way to spend their savings once they retire.
Michelle Grattan and Mike Callaghan discuss the government's change to super, the complexities regarding it, and whether young people should be able to access it for a house deposit
Low-income retirees have long found affordable housing in caravan parks and relocatable home estates. But they are becoming harder to find, and often come with a risk of hazards such as flooding.
Manufactured home estates are popping up as a “cheaper” option for retirees. But they’ll end up costing more, and could be in hazard prone or affected areas.
An army of mostly older, white volunteers run America’s voting sites. They’re reluctant to work during a pandemic. So new recruits are signing up to run the polls, for better and for worse.
Cooped up with a partner and nowhere to go to break it up? Coronavirus social distancing… or another day in retirement? Research on older couples holds tips for everyone else on how to deal.
More older Australians are carrying housing debt later in life, or not owning homes at all, but lack suitable alternatives to the family home. The result is lower incomes in retirement.
People over 65 who still have a mortgage or are renting are projected to double in number by 2031. The trend is likely to hit government budgets and leave more retirees in poverty.
Retirees are often urged to downsize to free up suburban properties for the next generation and for higher-density development. What’s being ignored is the costs of moving into a unit or apartment.
While retirement villages aren’t regulated like an insurance company, their contracts are essentially insurance policies. This puts the risk on retirees.
For all our talk about housing affordability, few people want house prices to drop. That’s because most Australians are home owners, and much of our wealth is stored in housing. But recent figures released…