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Retirement living

Opinion

Retirees, it’s time to ditch the ego and focus on what really matters

Bec Wilson Money contributor September 6, 2025 — 5.01am

There’s a popular perception, fuelled by headlines and grumbles from younger generations, that today’s retirees are sitting pretty. The stereotype is of cashed-up Boomers with homes paid off, fat super balances and too much money for their own good.

The reality is far less glamorous. More than half of Australians over 67 are living primarily on the age pension – a meagre income they’ve had to wait until their late sixties to access just to be able to step back from the workforce.

The “average” retiree today has between $180,000 and $250,000 in super, access to the pension, and yes, nine in 10 own their

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