Thu 15 May 2025 - Paramount Financial Solutions

The Trend of Retiring Later

Someone born today is likely to live to 84, with life expectancy predicted to jump to 90 by 2050 and rising, according to research from the University of Melbourne. At the same time, medical advances mean we’re fitter and healthier much later in life and many of us are working well into our seventies and beyond.  

This has consequences for retirement planning and it’s certainly not as simple as extending an existing plan for 10 years or more. A new approach to wealth management is sensible given super rules are changing to reflect our longer lives, with super funds now allowed to accept contributions from people in the workforce up to age 75.  

To read the full story, click here

Return to News