#UsapTayo: Australia or the Philippines, where do you plan to retire?

Since 1 July, Australians have been required to wait until the age of 67 until they can get the age pension.

Credit: Pexels / Spolyakov

Key Points

• Older Australians will have to wait until they are 67 years old — up from 66 years and six months — before they can apply for the age pension.
• The Association of Superannuation Funds of Australia says couples around the age of 65 will now need upwards of 70 thousand dollars a year - and singles more than 50 thousand... to keep up with rising living costs.
• Advice from a financial expert for migrants who recently arrived in Australia is to work as long as they can.

PAKINGGAN ANG PODCAST:

#UsapTayo: Sa Australia o Pilipinas mo ba plano mag-retiro?

SBS Filipino

17:47Filipino