Linkage Projects - Grant ID: LP0776784

Funding Activity

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Funded Activity Summary

Expenditure needs and drawdown of retirement savings during later life: how important are demographic factors and financial resources? Projections of expenditure patterns in retirement which allow for population heterogeneity will provide individuals with a better appreciation of their income needs and their savings requirements for a comfortable retirement. It will also enable financial institutions to develop products which better target retirees' needs over the course of retirement, and in addition it will enable improved assessment of aspects of Government income support policy. Specifically, understanding the complex interactions between private and public pensions, and concession card receipt upon expenditure behaviour, will enable more accurate costings of the public support of elderly families as Australia's population ages.

Funded Activity Details

Start Date: 06-2008

End Date: 04-2016

Funding Scheme: Linkage Projects

Funding Amount: $267,231.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Demography | Applied Statistics | Demography Not Elsewhere Classified

ANZSRC Socio-Economic Objective (SEO)

Finance and investment services | Mathematical sciences |