In this episode of Demographics Decoded, Simon Kuestenmacher and I explore the concept of the 'age bomb' that will hit Australia and the challenges that come with the escalating demand for aged care, services retirement funding, and we explain the essential role of superannuation. Takeaways Australia's population is aging, impacting various sectors differently.The 'age bomb' refers to the pressures of an aging population.Australia’s 85 plus population will double by 2038, straining resources.Retirement planning is crucial as life expectancy increases.Superannuation is a key tool for funding retirement.Allowing young people to access their superannuation for housing will disrupt long-term savings.Major changes to superannuation regulations are expected.Dementia care is becoming increasingly important and costly.Aged care services need significant expansion to meet demand.Societal attitudes towards aging and retirement are evolving. Chapters 01:27 Understanding the Age Bomb 04:08 Retirement and Financial Planning Changes 06:49 Superannuation and Housing Market Dynamics 09:44 Future Changes to Superannuation 17:51 The Growing 85+ Population 21:29 Dementia and Its Impact on Society 27:34 Conclusion and Future Trends Join Simon Kuestenmacher and Michael Yardney at Wealth Retreat 2025 –Australia’s Premier Wealth Retreat for Elite Investors and Business People – learn more here. About Simon Kuestenmacher Simon Kuestenmacher is co-founder and Director – The Demographics Group Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers. He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels. Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail and professional services industries, among others. About Michael Yardney Michael Yardney- founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders. While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation. Michael is a #1 best selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation. Follow Michael on Linked In or Instagram Are you interested in property investment - let the team at Metropole build you a Strategic Property Plan to help give you clarity, direction and wealth-producing results.
