Withdrawal capacity in the face of expected and unexpected health and aged-care expenses during retirement

December 31, 2014 | Author: . . | , ,
Read the full Working Paper We examine the impact on retirement income levels, income stability and longevity risk of accounting for costs associated with age-related health treatment and aged-care services during the retirement phase. To measure the impact of these...

Retirement Adequacy through Higher Contributions: Is This the Only Way?

November 30, 2013 | Author: . . . | , ,
Read the full Working Paper In view of ongoing concerns about the adequacy of retirement incomes for Australian workers, this study compares the previous 9 per cent Superannuation Guarantee with the 12 per cent rate, effective from 1 July 2025. We use long-horizon...