The survey found that most older Australians (53%) are worried about outliving their savings, with women (59%) more worried than men (47%).
The report, Retirement Income Worry. Who worries and why? is one of the largest comprehensive surveys of older Australians. The study surveyed 3584 Australians aged over 50 on their behaviour and views across a range of topics including lifestyle, health and wellbeing.
The research is a joint partnership between National Seniors Australia, a peak body for older Australians, and Challenger Limited.