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- 47% of baby boomers aged 50-64 expressed a lack of confidence in their retirement future. 1
- The number of mature age workers engaged in the labour market has increased from 39.4% to 46.3% over the past 10 years. 2
- The number of mature age workers aged 60+ who want to work, but have given up looking, rose 40% in 2003, to 25,300. 2
- On average, mature age workers aged 50-69 still engaged in the workforce, have superannuation savings of just $170,000, plus additional savings of about as much, far less than they will need to live up to their lifestyle expectations. 3
- 25% of the federal public service will retire in the next five years and several key departments face critical staff shortages. 4
- Over the next decade as baby boomers start hitting their sixties… there won't be nearly enough young people entering the workforce to compensate for their exodus. 5
- Surveys indicate that over 75% of males and 95% of females intend to retire from FT work before reaching the age of 65 6
- The Australian Federal Treasury has estimated that whilst the working age population currently grows by approx. 170,000 per year, the estimated growth for the entire decade of the 2020's will be no more than 125,000. 6
- Adage.com.au - the premier online community for mature age workers and the organisations who seek their services
- Job Network Statistics, 2004
- i.e. those born between 1946-1964 NATSEM report, 2003
- BRW Feb 2004
- Harvard Business Review March 2004
- Age Can Work, Professor Sol Encel, UNSW 2003
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