A recent study has shown that most Australian retirees spend a similar amount from their household income, regardless of their income and wealth (link). (Above graphic from p.17 of report). The research showed that '80 per cent of retired households reported expenditure levels considered to be the most basic standard living for retirees ($23,797 for singles, $43,226 for couples)' and that 'that contrary to conventional wisdom, expenditure did not appear to decline throughout the period of retirement – i.e. it is relatively constant'. What this research points to is that high-income earning households spend about the same as low-income households, thus saving a considerable amount more … [Read more...] about Pensioners’ spending on physiotherapy
Some January highlights
In case you missed these notices during January, here are a few new things that you might be interested in: Breath A beautiful short video about breath from The Mercadantes, the husband-and-wife filmmakers Daniel and Katina Mercadante in California. The film explores the human breath and its innumerable forms – from the first gasping cries of a newborn to the sighed relief of a well-earned chance to rest. New book by Felix Guattari A new book edited by Gary Genosko collecting some of French philosopher Félix Guattari's work during his frequent visits to Japan in the 1980s. Guattari frequently visited Japan during the 1980s and organized exchanges between French and Japanese artists and … [Read more...] about Some January highlights