Retirement and Retirement Intentions, Australia

Retirement and Retirement Intentions, Australia

There were 4.2 million retirees.
Average age at retirement (of all retirees) was 56.9 years.
130,000 people retired in 2022, with an average age of 64.8 years.
Average age people intend to retire is 65.4 years.
Pension was the main source of income for most retirees.

Reference period

2022-23 financial year