IN PICTURES: financial wellbeing of older Australians

ANZ’s new report, Financial Wellbeing: Older Australians, has found the higher financial wellbeing score of older Australians overall may be masking the hardship faced by a significant number of seniors.

" The higher financial wellbeing score of older Australians overall may be masking the hardship faced by a significant number of older people.”

The report is the seventh and latest study from ANZ which provides unique insight into specific behaviours and mindsets which affect and are affected by financial wellbeing.

Research into older participants in MoneyMinded found the number-one priority for wellbeing was ‘coping financially now or in the future’ and there is increasing evidence home ownership is of paramount importance for the financial wellbeing of older Australians.

Below are the key findings from the report in visual form. 

{CF_IMAGE}

Michelle Commandeur is Head of Financial Inclusion at ANZ