National Seniors research

Lifespans outstrip retirement savings

Seniors are underestimating their own lifespans, leaving many with a shortfall of retirement funds for their later years, according to new research.

More than 2000 seniors over 50 were quizzed about the average estimated life expectancy of a 65-year-old Australian as well as their own life expectancy estimation based on factors such as their health, lifestyle habits and parents’ life expectancy.

The general level of knowledge about life expectancies was quite low.

How realistic are senior Australians’ retirement plans?

In this report, co-authored by National Seniors Australia and Challenger, the retirement plans of senior Australians are examined, in particular their understanding about their own life expectancy, likely spending patterns in retirement and plans to cover future aged care costs.

The study, based on a survey of 2,000 Australians aged 50 years and over, finds that seniors under-estimate their own likely longevity when compared with actuarial estimates.

Furthermore, only a minority of seniors base their estimates of life expectancy on professional sources of information.

Retirees have more confidence in their super

Retirees are feeling more confident about their retirement income as a result of improving returns from their superannuation, a new report has found.

The 2nd Seniors Sentiment Index released by National Seniors and commissioned by Challenger, gauged 2000 older Australians’ views on different aspects of their life as well as their views of society as a whole.

Push for free shingles vaccination

National Seniors Australia is backing a push to add a shingles vaccination to the National Immunisation Program for people aged 60.

Australian immunisation guidelines recommend older Australians are vaccinated against four diseases – pneumococcal, flu, tetanus and shingles – yet only pneumococcal and influenza vaccines are funded on the National Immunisation Program (NIP).

The push comes as a new report shows 90 per cent of older Australians would consider vaccination if it were government funded.

Seniors and immunisation in Australia

Australia’s rapidly growing seniors population (aged 50 years and over) make an important economic and social contribution.

Preventive health interventions are vitally important to ensure that Australians enjoy longer lives, free of illness and discomfort.

However, vaccination for older people has been described as an “overlooked and under-emphasised” aspect of preventive health.

Preventive Health and Immunisation Survey

National Seniors is conducting a survey to better understand the perspectives and needs of Australian seniors regarding preventive health and immunisation.

As Australians are living longer, it is important that there is greater knowledge of the range of preventive health behaviours of Australians. In particular, this research seeks to understand people’s awareness of immunisations, as well as which population groups face barriers to accessing immunisations.

Super nest egg interference

Australians strongly object (86%) to the government having any more say in how they spend their super but 70% have little confidence that the rules won’t change by the time they retire, a new survey shows.

A National Seniors’ survey of 1,500 people aged 50 and over also puts paid to claims that retirees are deliberately blowing their super lump sums and falling onto the age pension, with 87% saying they have no plans to do so.

Ageing at home may be far-fetched reality

The desire by older Australians to ‘age in place’ may not be possible after new research revealed many Australian dwellings are unsuitable for ageing at home.

The report Where Will I Live as I Age, a joint venture by National Seniors Australia and Group Homes Australia, showed two out of three people aged over 50 intend to remain in their current home but 36% live in a home unsuitable for elderly people.

Volunteer work at top priority for upcoming retirees

More than half of older Australians intend to spend their post-employment years engaged in volunteer work, according to a new retirement planning study released this week.

A National Seniors report titled Planning to be Productive: The Detailed Retirement Planning Strategies of Australian Pre-Retirees, examined the financial, health and leisure plans of 3230 people over 50 who are approaching retirement.

Seniors Sentiment Survey finds living costs the biggest worry

Rising energy, health and home maintenance costs top the list of concerns for many older Australians, a new over 50s life sentiment measure has found.

A joint National Seniors Australia and Challenger project, the inaugural Seniors Sentiment Index draws its findings from a survey of around 2,000 people over the age of 50.

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