Federal Treasury

Post-Retirement

The ruin-year comes closer to being revealed

A ground-breaking study into the ruin-year of drawndown account balances is being undertaken by an Australian conglomerate of academics, industry stakeholders and regulators. The ruin-year, the time in a post-retirees life when their account balance hits zero, is just one subject amongst several being researched by the consortium. Anecdotally there are contrasting stories of how […]