A focus on strong performance
SuperRatings' Pension of the Year 4 years in a row4
How did you plan to spend your retirement? “Travelling” and “having more time to spend with family” and “doing things at my own pace” are the common answers.
But the reality of retirement can take some getting used to. Especially if retirement is forced on you.
The recent HILDA (Household, Income and Labour Dynamics in Australia) survey1 found there was no increase whatsoever in our life satisfaction in the year immediately after work. It’s not the picture you get from watching cruise ship ads!
Fortunately, it rises swiftly after that once we get into the swing of things, and keeps rising until well into our 80s.
The top 5 ways Australian retirees like to keep busy2 are:
Volunteering or being involved in a community organisation
Exercising and participating in organised sport or sporting clubs
Looking after someone outside your home (48% of people 65 – 74 do this) and
You guessed it, watching sport.
What advice would you give someone who’s about to retire about avoiding the first year blues?
Tell to us on Facebook with #happiestretiree.
1 Life Satisfaction and Retirement, Melbourne Institute of Applied Economic and Social Research
2 Older Australians at a Glance, Australian Institute of Health and Welfare
Juliet O’Brien describes herself as a wife, mother, grandmother, ‘ten Pound Pom’, local author and retired Year 1 teacher. She also calls herself, ‘one of the lucky ones’.
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