Page 7 - How Australia Retires
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06         Vanguard   |   How Australia Retires









           1 in 2                             Figure 1. Intention to take/have taken Parental Leave by Gender and Age



           Australians under 35               Gender
                                              Gender
           years old expect to take
           parental leave                                                                 61%
                                                                                          61%

                                                             48%                   52%
                                                                                   52%
                                                             48%
           Unlike generations before them,
           1 in 2 younger Australians (under 35                      39%
                                                                     39%
           years old) expect to take parental
           leave, especially in their thirties,
           with 39% of males and 61% of
           females expecting to or having
           already taken parental leave.
           This contrasts with older
           Australians (over 55 years old)
           whose lives were more likely
           characterised by full-time work                        Male                Female
                                                                                      Female
                                                                  Male
           from their twenties through to
           their sixties, and who may have
           subscribed to a more traditional
           model of family life with one carer   Age
           (typically the female and non-paid).   Age
           Older Australians also outlined
           that their path to retirement was
           rarely interrupted by further study,
           parental leave, career breaks or
           multiple career changes.
                                                           43%
                                                           43%
                                                                                39%
                                                                                39%          39%
                                                                                             39%
                                                                        35%
                                                                        35%
                                                   26%
                                                   26%
                                                                                                     18%
                                                                                                     18%



                                                       18-34                35-54                55-75+
                                                       18-34
                                                                            35-54
                                                                                                 55-75+
                                                                                  Positive significant di­erence
                                                      Have taken/plan to take     Positive significant di­erence
                                                      Have taken/plan to take
                                                      parental leave              compared to the total
                                                                                  compared to the total
                                                      parental leave
                                                      Total surveyed              Negative significant di­erence
                                                      Total surveyed
                                                                                  Negative significant di­erence
                                                                                  compared to the total
                                                                                  compared to the total
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