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Impact of the Global Financial Crisis on employed Australian baby boomers: A national survey

O'Loughlin, Kate; Humpel, Nancy; Kendig, Hal

Description

Aim: This paper examines the impact of the global financial crisis (GFC) on employed Australian baby boomers. Methods: A nationally representative sample of 1009 boomers aged 50-64 years completed a survey by telephone interview mid 2009. Results: Compared with 1 year ago, 38.9% of working boomers reported being financially worse off and this was more so for women (42.4%) than men (35.6%). Following the GFC, 41.4% of women and 31.9% of men had decided to postpone their retirement plans....[Show more]

CollectionsANU Research Publications
Date published: 2010
Type: Journal article
URI: http://hdl.handle.net/1885/20917
Source: Australasian Journal on Ageing
DOI: 10.1111/j.1741-6612.2010.00425.x

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