AUSTRALIA – HIGHEST RATE OF RETIREE POVERTY GLOBALLY

AUSTRALIA – HIGHEST RATE OF RETIREE POVERTY GLOBALLY

The figures are in and they will shock you!

In a recent report, “Pensions at a Glance”, the Organisation for Economic Cooperation and Development (OECD) has proved that 12.6 percent of people globally, aged 65 and over living in OECD countries are in fact living in income poverty.

Income poverty is defined as an income, which is below half of the national median, aligned household income.

Countries that this include, in order from best performing to worst performing are:

  • Netherlands
  • Ireland
  • Italy
  • United Kingdom
  • Turkey
  • United States
  • Australia

It has also been found that women, especially older women ageing 75 and above are at greater risk of poverty than men, due to them falling on hard times more frequently than men aged between 66 – 75.

Australia and South Korea are two of the worst countries experiencing retiree poverty, with 50 percent of retirees in South Korea living in poverty.

In Australia and the United States, income poverty among pensioners is also alarmingly high. Australia experiencing 35.5 percent retiree poverty and 21.5 percent in the United States,

How not to become a poverty pensioner statistic

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NGS Crypto is an Australian owned and run Digital Asset Mining business. They offer all Australians the opportunity to secure their superannuation into a system that is not only safe and stable but will deliver returns much higher than any other current Superannuation company or bank currently in the market.

With sophisticated partnerships with world-class, Australian Superannuation firms and legal teams, it is ensured that you are receiving a service that will help you to not become a poverty pensioner and be part of the statistics.

You are able to manage your Superannuation personally, with the added bonus of mining digital assets on the side, for you to withdraw daily, or hold and sell when the price of BTC reaches a price you are happy with.

Currently, NGS Crypto has 100’s of members who are reaping the benefits from Digital Asset Mining and setting themselves up for a healthy and financially stable retirement.

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