Perceived retirement costs have topped $1 million for the first time, as retirees revised their needed saving sup 26% in a single year.
In our latest Best Possible Retirement research, in partnership with Conexus Financial, sheds a light on the growing challenges facing the retirement sector.
Only 62% of retirees say their fund has met their retirement expectations, a clear signal that financial pressure in retirement is rising, not easing. As retirement becomes more complex, ongoing engagement, personalised support and access to advice will be critical to helping Australians retire with confidence.
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