KPMG predicts Australians' voluntary retirement age to rise to 66.8 years for men and 64.8 years for women, driven by semi-retirement and remote work.
KPMG predicts that the voluntary retirement age of Australians may increase due to white-collar workers extending their working lives, with men expecting to retire at 66.8 years (highest since 1972) and women at 64.8 years (highest since 1971). This trend is attributed to the rise of semi-retirement and remote work, enabling older Australians to continue earning weekly paychecks. The average working life now surpasses 64 years of age.
April 08, 2024
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