Tue, 25th Jun 2024 - Superannuation News Wrap

What this episode covers

In this episode of the Weekly Superannuation News Wrap, host Paige Estritori discusses the challenges facing Generation X Australians in their retirement planning, as per a report by Natixis Investment Managers. Key issues include the escalating inflation rate, increasing public debt, and substantial anxiety about potential shortage of retirement funds. Around 31% of surveyed Gen X Aussies expressed concern over their retirement fund while 48% feared running out of money due to inflation. Additionally, 41% believe inflation is thwarting their retirement plans altogether. Interestingly, over half the respondents are turning to financial advice, with nearly 49% leaning towards digital consulting. The discussion emphasizes the significance of addressing these challenges as broad societal issues to help listeners make informed financial decisions.n

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This episode was published on June 24, 2024.

What is this episode about?

In this episode of the Weekly Superannuation News Wrap, host Paige Estritori discusses the challenges facing Generation X Australians in their retirement planning, as per a report by Natixis Investment Managers. Key issues include the escalating...

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