A new study has found that Australia’s youth are rather optimistic about their working life, with more than half believing they will be able to retire when they are 52 years old.
The current retirement age is 67 and is likely to have risen to at least 70 by the time many of today’s young workers are reaching the later stages of their careers.
This hasn’t deterred them though, with thousands already plotting how they will enjoy their 50s and beyond in sweet retirement bliss.
Exactly how they are planning to pay for this lavish life of ease it still unknown, but we’re hoping they share their tips for success with us so we can get in on the fun, too!
Despite their optimism, it’s likely many of Australia’s young workers will be faced with a very different reality when they reach 52.
The government has already committed to raising the retirement age to 70 by 2035, and with the changing job market and inflation there are no guarantees they will be able to enjoy the retirement lifestyle they are dreaming about.
While many are applauding their optimism, it’s been suggested by some they might need a cold hard dose of reality…