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.
The three aged care bombshells from Senate Estimates
Last week’s Senate Estimates hearing – held just three weeks before sweeping reforms roll out – gave politicians the chance to ask Government heavyweights the questions they’re getting from constituents and to interrogate the once-in-a-generation changes.