Post by Allianz Retire+

Research indicates that a significant number of retirees refrain from using their super savings due to 'decision paralysis,' often feeling overwhelmed by the complexity of the super system or lacking awareness of their available options+. The same research found that: - half of all account-based pension holders draw only the legislated minimum; - more than 40%* of pensioners are net savers. Most retirees don't have a savings problem. They have a confidence problem. New research from Allianz Retire+ examines how the fear of making financial decisions can impact future retirement confidence, and what advisers can do about it. Download the report here https://lnkd.in/g2K7M8eE #certainty #retirement #retirementincome + Source: Super Members Council, January 2025. * Source: The Grattan Institute: Simpler super, taking the stress out of retirement, January 2025. Allianz Retire+ is a registered business name of Allianz Australia Life Insurance Limited ABN 27 076 033 782, AFSL 296559. Any advice provided in this material does not take into account your objectives, financial situation or needs. You should consider the appropriateness of the information received before making an investment decision.