Australia retirement confidence report shows high anxiety

According to AMP’s 2026 Retirement Confidence Pulse, retirement anxiety is prevalent among Australians aged 50 to 64. The report indicates that only 26 per cent of this demographic feel confident about their retirement, while 82 per cent express concerns about running out of money.

The challenges of casual employment are highlighted by the experience of a 59-year-old community-sector worker. Facing unpredictable shifts that can be cancelled with minimal notice, the worker manages a mortgage and superannuation savings with the goal of working until age 67 to clear debt before relying on the Government Age Pension.