Fear, Anxiety for Retirees; Golden Days of Leisure out of Reach for Many

Daily News (Warwick, Australia), March 14, 2018 | Go to article overview

Fear, Anxiety for Retirees; Golden Days of Leisure out of Reach for Many


Byline: Marian Faa

BLISSFUL pictures of retirement may look good on television, but the dream of walks in the park and exotic vacations is far out of reach for most Warwick residents.

Finishing work should be the time Australians spend their whole lives looking forward to, but many Southern Downs residents say it is a source of extreme anxiety and stress.

Warwick taxi and bus driver Glenda Curyer has 13 years before she retires, but she is already worrying what she will do when it comes time to hang up the coat.

"Retirement feels incredibly scary and daunting ... it's a constant source of worry," she said.

"At my age all I am thinking about is my retirement and how I am going to live and survive."

As a superannuation latecomer, Mrs Curyer is worried she won't have the savings to make ends meet in retirement.

"I don't feel confident that my super will be able to sustain me," she said.

"The idea of super wasn't really drummed into me when I started working. No one ever talked about it."

Mrs Curyer is one of 11.2 million Australians who believe they will either live a "basic" lifestyle or "struggle to get by" in retirement, according to a recent Salvation Army survey.

Mrs Curyer said she saw a lot of local retirees who are struggling with money.

"There's a lot of people just making ends in their senior years," she said. …

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