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Australia’s over-65s are anticipated to extend by 2 million individuals within the subsequent 20 years, specialists predict a shift in society’s notion of retirees


Larger-level HSC math could be one of many scariest duties a yr 12 can do, however for Ian Carragher, it is only a means for him to fill his days.

The 66-year-old additionally enjoys spending time {golfing}, taking photos and making ready for highschool exams to maintain his thoughts sharp.

He is simply one in all many over 65s having fun with their Australian superannuation, and the quantity like him is about to develop exponentially.

“I all the time felt the necessity to maintain my thoughts occupied,” Mr. Carragher mentioned.

“I’ll all the time have a newspaper with Sudoku and a crossword puzzle readily available.

“Typically I search for some higher-level HSC issues on-line simply to reassure myself that I can nonetheless do them, plus, I just like the problem.”

It is a lifestyle that many Australians shall be extra used to because the variety of individuals aged 65 and over is predicted to develop by greater than 50 per cent over the subsequent 20 years, based on analysis from the ARC Heart for Excellence in Inhabitants Growing older Analysis. .

Demographers Dr Tom Wilson and Affiliate Professor Jeromey Temple from the College of Melbourne carried out the research, offering insights into how Australia’s inhabitants is predicted to alter over 20 years. subsequent.

Dr Wilson mentioned: “Primarily based on up to date inhabitants estimates mixed with the 2021 census outcomes, Australia’s inhabitants throughout all age teams is predicted to develop.

“However the biggest proportional progress is predicted within the oldest ages.”

Australia’s inhabitants aged 65 and over is predicted to develop to six.66 million in 2041, from an estimated 4.31 million in 2021, a 54% enhance.

Greater than 100 age teams set to 3


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