Study shows benefits of guaranteed retirement income to wellbeing

Study shows benefits of guaranteed retirement income to wellbeing

Figures of old man and woman on top of coins A new collaborative study between Challenger Limited and Macquarie University’s School of Psychological Sciences have found clear links between guaranteed retirement income and improved financial security, mental health and wellbeing.

The study of around 1,000 Challenger customers aged over 60 was also compared to Challenger’s first Retirement Happiness Index that was released in April this year, which found Challenger customers with guaranteed income or annuities exceeded Australians over 60 on every metric, including financial security (72 per cent versus 56 per cent), mental health (85 per cent versus 78 […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.