2 October

This is how the financial services industry does its work. Firstly the obvious advice to people who might run out of money at that age is to stop bloody spending it on overseas holidays and new cars. Secondly the industry uses the myth that we’re ‘all living longer now’ to create the sense of crisis, so that more money needs to go to it. https://www.domain.com.au/news/most-australian-retirees-will-run-out-of-money-before-dying-20171003-gypxcw/