Ageing population disrupting retirement investment strategies
Australians have an estimated 9.7 years of savings beyond retirement, however, the population is expected to outlive these savings by 9.9 years for men and 12.6 years for women, according to the World Economic Forum.
As more Australians move towards retirement, and life expectancy increases, traditional retirement investment may not suffice for the economic complexity of an aging population.
Ahead of her keynote address at the Australian Wealth Management Summit 2025, Cassandra Crowe, CFA, vice president, T. Rowe Price Group, said the world’s ageing population has forced investors to pivot retirement and investment strategies to meet the future demographic.
The number of people aged 65 or older is projected to reach 994…
