New research released by ANZ reveals that 92% of Baby Boomers want to travel around Australia once they retire, 83% are planning for more hobbies and sports, 76% planning to do volunteer work and 70% are planning overseas travel. But, the New Retirement survey found almost 50% of Australians aged between 45 and 64 do not feel confident they have adequate funds to do what they want in retirement. A meagre 24% of those surveyed were extremely or very confident about their finances.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...