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How much do you need to live comfortable in retirement in Australia?
31/3/2017
Based on the research done by the Australian Bureau of Statistics, a male born in 2010 to 2012 can expect to live to the age of about 80 years, and a female to about 84 years. Compare this to about 55 and 59 years respectively for 1901 to 1910, and you can see how far we’ve come in a century! Many of us will live even longer than these average ages. So if you retire at age 65, your ...
Views: 1723    
 
 
What will happen with Australia’s populations without overseas migration at all?
29/3/2017
With zero net overseas migration, that is, the same number of people leaving the country as arriving in it, Australia's total population would depend solely on natural increase. Under this scenario, the total population would be 25 million in 2033, 6 million less than the 2013 medium series projection for the same year. The proportion of people aged over 65 would increase to 23%, and the proportion of those under 15 would decrease to 16%. Zero net overseas ...
Views: 881    
 

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