Once bitten twice shy: GFC concerns linger for Australian seniors
Retirement planning and investments are major considerations for Australians over 50.
The impact of the global financial crisis (GFC) still lingers ten years on, with 7 out of 10 concerned about another potential market collapse. Yet despite many expressing a “once bitten twice shy” sentiment, equity investment remains a significant part of the mix.
This report presents the key findings from the 2018 National Seniors Social Survey (NSSS) (Wave 7) on older Australians’ understanding of retirement income issues.