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Poor and rich retirees spend about the same

  • Written by Eliana Maddock, Research Officer, Australian Centre for Financial Studies
imageResearch shows that poor and wealthy retirees spend about the same during their retirement.www.shutterstock.com

There is little justification in giving rich households generous superannuation tax concessions, as wealth has a limited impact on spending and wellbeing in retirement new research suggests. Retirement income is at the core of the...

Read more: Poor and rich retirees spend about the same

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