Abstract
The extent to which baby boomers can provide for themselves in retirement is becoming a critical issue for government policy makers. Clearly, the burden on future governments will be influenced by the level of superannuation assets that baby boomers take into retirement.
This paper uses microsimulation to make projections of the superannuation assets of baby boomers as they enter retirement over the next 20 years. It considers the current situation of the baby boomers and then presents their circumstances in 2020
under differing superannuation policy — namely, a higher level of compulsory contribution. The impact is considered from both the individual and government perspective.
This paper uses microsimulation to make projections of the superannuation assets of baby boomers as they enter retirement over the next 20 years. It considers the current situation of the baby boomers and then presents their circumstances in 2020
under differing superannuation policy — namely, a higher level of compulsory contribution. The impact is considered from both the individual and government perspective.
Original language | English |
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Pages | 1-24 |
Number of pages | 24 |
Publication status | Published - 2002 |
Event | Australian Conference of Economists Business Symposium - Adelaide, Australia Duration: 4 Oct 2002 → … |
Conference
Conference | Australian Conference of Economists Business Symposium |
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Country/Territory | Australia |
City | Adelaide |
Period | 4/10/02 → … |