Watch

Cost of retirement hits record high

Published
Higher insurance premiums are adding to the financial burden on Australians looking to a life beyond work. Analysis by the country's peak superannuation body, ASFA, has highlighted the record cost of funding a retirement in Australia. That's as prices for essentials remain inflated, sending budgets higher for both singles and couples.
Tags
Life
Australia
Share

Recommended for you

A family of four wearing ski gear and surrounded by snow
An artistic digital illustration celebrating the Lunar New Year. The central focus is a glowing, golden horse reared up on its hind legs, surrounded by traditional festive symbols and a flame.
A composite image of Donald Trump's face over blue digital security graphics, with silhouetted travellers pulling suitcases in the foreground.
A crowd of people in a grassy area by the beach.
A person shopping in a supermarket with a close up on their hands holding a trolley.
Protesters march at a pro-Palestinian rally.
The RBA has hiked the cash rate for the first time in two years.
A man in a suit, holding paperwork under his arm.

Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Watch now

Watch the latest news videos from Australia and across the world