Retirement ages and pensions: Charts
Pension spending, working-age ratios, and investment trust nomenclature.
In 2011 the OECD forecast the average retirement age across the group of 38 countries to rise to 64.1 by 2030. But it would pass that more than a decade early; in 2018 it rose to 64.2.
This week in Charts we look at pension spending, working age ratios, and the degree to which Australian investment trusts mention retirement.
The ratio of retirees to workers and pension spending are both rising across the OECD but public pension spending in Australia has stayed relatively steady
(Old age / working age ratio is provided by the OECD in 5-year increments. Values that fall between the dates provided are extended forward until the next data point)
The pension age is starting to rise in Australia for the first time since 1908
Source: OECD, ABS
(OECD average retirement data was accessed via "Pensions at a Glance" and was available for certain years [1983,1989,1993,1999,2002,2010,2012,2014,2016,2018]. Values that fall between the dates provided are extended forward until the next data point)
Of the 3560 Australian-domiciled investment trusts on Morningstar Direct, the number of funds whose names mention...
Source: Morningstar Direct