{"id":154048,"date":"2025-09-19T09:27:07","date_gmt":"2025-09-19T09:27:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/154048\/"},"modified":"2025-09-19T09:27:07","modified_gmt":"2025-09-19T09:27:07","slug":"australian-employees-retiring-later-in-life-report-finds","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/154048\/","title":{"rendered":"Australian employees retiring later in life, report finds"},"content":{"rendered":"<p>&#8220;This represents one of the most significant declines in retirement rates across all age groups, suggesting that individuals in this cohort are increasingly delaying retirement,&#8221; <a href=\"https:\/\/melbourneinstitute.unimelb.edu.au\/__data\/assets\/pdf_file\/0010\/5387806\/2025-HILDA-Statistical-Report.pdf\" target=\"_blank\" rel=\"nofollow noopener\">the report read<\/a>.<\/p>\n<p>The survey findings also indicated similar declines happening in other older age groups, such as those between 65 and 69 years old.<\/p>\n<p>It found that the proportion of retirees in that age group declined from 89.5% to 65.5% for women and from 73.2% to 60.8% for men between 2003 and 2023.<\/p>\n<p>The decrease also happened for workers aged 55 to 59, according to the report. About 40% of women and 23% of men had already retired during this stage by 2003, but this dropped to 14.5% for women and 12.3% for men by 2023.<\/p>\n<p>Reasons for delayed retirement<\/p>\n<p>Kyle Peyton, senior research fellow at the University of Melbourne, said the shift matters because it marks a change in how people transition out of the workforce.<\/p>\n","protected":false},"excerpt":{"rendered":"&#8220;This represents one of the most significant declines in retirement rates across all age groups, suggesting that individuals&hellip;\n","protected":false},"author":2,"featured_media":154049,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,5449,44,64122,1793],"class_list":{"0":"post-154048","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-australia","8":"tag-au","9":"tag-australia","10":"tag-human-resources","11":"tag-news","12":"tag-older-workers","13":"tag-retirement"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/154048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=154048"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/154048\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/154049"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=154048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=154048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=154048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}