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Retirement motivated movement intentions of Australia's baby boomers: Australian survey of retirement attitudes and motivations

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Jackson, N and Walter, MM (2007) Retirement motivated movement intentions of Australia's baby boomers: Australian survey of retirement attitudes and motivations. Demographic Analytical Services Unit, Hobart, Tasmania.

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Abstract

Interest in the likely impact of Baby Boomer retirement on the housing market is gathering
momentum. Between 2011 and 2030 Australia's approximately 5.6 million Baby Boomers will
celebrate their 65th birthday, conventionally regarded as 'retirement age'. Australians are also
a mobile lot, with around 17 per cent moving home within each single year period, and 44
per cent over five years (ABS 2003). This paper draws on the recently completed Australian
Survey of Retirement Attitudes and Motivations (AS RAM) to report on the retirement motivated
movement intentions of Australia's Boomers - those currently aged 42 to 61
years of age - and their key socio-economic correlates. Unfortunately the size constraints of the ASRAM and distance to retirement for many respondents
meant that we could not ask where they intend to move, which is of course the burning
question. Nevertheless their socio-economic characteristics give us some useful insights.

Item Type: Other
Publisher: Demographic Analytical Services Unit
Date Deposited: 07 Apr 2008 16:10
Last Modified: 21 Mar 2010 23:21
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