Running out of money in retirement
“The prospect of running out of money in retirement can be terrifying, and the depth of despair in some people surprised me.” Professor McCallum from lobby group National Seniors said.
Researchers warned Australia’s poverty rate was worse than most wealthy countries, including New Zealand, Germany and Ireland.
In Australia, the poverty line was $457 per week for a single adult, increasing housing costs were pushing people into poverty
People are now going without the basics of life
“This is about food…the basics of life that people are now going without,” Dr Cassandra Goldie CEO of Australian Council of Social Service.
Only 3 per cent of Australians are planning to provide for the costs of aged care as they grow older.
Professor John McCallum said life expectancy for those aged 65 had increased by around six years since the 1980s. “That means Australians must now do something their parents and grandparents didn’t think about – plan for longer life,” he said.
Perhaps most concerning of all, around 70 per cent of people have no savings by the time they reach extreme old age and go into base level care, where homes cost about 87 per cent of their pension payments.
Making a difference
After recently witnessing despair in her own community and church congregation, Dr Cheryl Spicer reached out and gifted the person with a food hamper. She was surprised to see the impact of that small act of kindness… someone cares.
That is when she decided to do it on a grander scale over Christmas time, a time that could be very sad and depressing for some. Especially if you are unable to participate in the activities that most people take for granted.
Dr Cheryl Spicer, founder of Global Spirited Women Australia Inc.
“We’re not only a networking group who meet for social and business purposes, but we support people in the community with educational, emotional and humanitarian projects. We are the universal voice of love, faith, hope and inspiration connecting people to their hopes, their hearts and their possibilities. Especially when people are older, frail and vulnerable.”
This year One Light Foundation collaborated with Global Spirited Women Australia Inc. Together we are planning to donate 100 gift hampers, serving 2 people each and will hand them out at the Christmas Angels Tea Party on the 7th of December. The cost is $140 for one hamper.
"If you can't feed many, feed at least one person"Dr Cheryl SpicerFounder of Global Spirited Women Australia Inc.
Food Hamper Products
- Dried fruit
- Long-life milk
- Long-life custard
- Bottled water
- Christmas gift
Please support our pensioners in need
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Fun facts about Dr Cheryl Spicer
Hamper Production Video
With the help of wonderful volunteers and donors, we packed 100 gift hampers with quality products and gifts. The hampers will be donated to our pensioners in need at the Christmas Angels Tea Party on the 7th of December.
|Jane Driscoli||$250.00||November 22, 2020|
|Heather Bell Pest A Side||$100.00||October 27, 2020|
|Amy Lunardi Original Qoin Donor||$70.00||October 27, 2020|
|Tony Wiese Bartercard||$500.00||October 26, 2020|
|Leticia Beard Bartercard||$100.00||October 26, 2020|
|Peter Fenton Bartercard||$100.00||October 26, 2020|
|One Light Charity Foundation||$5,000.00||October 23, 2020|