Retirees aren’t worried about their retirement

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While a lot of Australians fear retirement, they don’t appear to mind the reality, according to the latest NAB wellbeing index:

Not having enough money to finance retirement remains the top cause of financial anxiety for Australians, but the concern greatly diminishes once people retire, National Australia Bank’s latest wellbeing survey shows…

But NAB’s survey – which covers 2000 people across different incomes, ages and locations – shows that when people get to retirement, they become less concerned about funding it.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.