Lies,damned lies and statistics
In 2013, October 07, to be precise The Melbourne Mercer Global pension Index proclaimed that we were a lucky bunch of superannuates . The Press seized on this and in their usual modest way proclaimed "Australia's retirement system among world's best!"
Right.
Let's move on to barely a year later when the Global Agewatch Index which monitors quality of life for the elderly has determined that Oz is not among the top 10 of the world's best countries. Australia ranks # 13 ,behind New Zealand Canada and the U.S and others.
Australia has the lowest ranking in the region (61st!) for retirement income security, coming behind Afghanistan (by 20 places) for that category.
For overall well being Afghanistan ranks last.
Statisticians and financial gurus can and do skew surveys to suit their own needs. We only have to scan the reports of how "well "the West is performing in its fight against ISIS or governmental press releases and spin on their performance to feel not so much reassured but a little uncomfortable.
Nevertheless , in my bones, I have an uneasy feeling that all is not well in Cloud Cuckoo land. Retirement is not the time to find this out for certain.
 |
| "Happy New Year, Bill! |
No comments:
Post a Comment