RETP073.docx
The article discusses why Millennials and future generations may never fully retire due to the rising cost of living, increased life expectancy, and higher expectations for a comfortable lifestyle.
Millennials in Australia are facing an unprecedented challenge when it comes to planning for retirement. Many will never fully retire, as they will be unable to accumulate the necessary funds to support themselves for an extended period of time. With the cost of living steadily increasing, and many millennials grappling with large debts and limited financial resources, it is likely that more people will have to work well into their golden years.
How much is needed for a comfortable retirement?
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