Retirement Affordability Index September 2017

Are rising household costs outstripping your retirement income?

Most retirees have worked long and hard to earn the right to enjoy a fulfilling life after full-time work. But the statistics tell us that the majority of retirees (70%) who are on a full or part Age Pension spend a lot of time watching every penny.

This is the reason why YourLifeChoices, in partnership with The Australia Institute (TAI), publishes quarterly updates analysing the latest Australian Bureau Statistics (ABS) and Consumer Price Index (CPI) data, in order to create the benchmarks you need to best manage your household finances.

Our aim is simple; to provide the most accurate and timely information relevant to all six of the retirement tribes, as defined by home ownership, relationship status and retirement income. This enables all retirees to consider their tribe and compare spending with the norm for that type of retiree household.

So grab a cup of coffee and settle down to read our most recent Retirement Affordability Index™, which has the very latest ABS data on expenditure for retiree households, updated with the June 2017 quarter CPI.

Don’t miss out. You know that the key to a more affordable retirement is staying well-informed. And that’s what YourLifeChoices is here to help you do.

So here it is, the September-quarter Retirement Affordability Index™ ready for you to download in PDF format.

Written by YourLifeChoices Writers

YourLifeChoices' team of writers specialise in content that helps Australian over-50s make better decisions about wealth, health, travel and life. It's all in the name. For 22 years, we've been helping older Australians live their best lives.

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