About one-quarter of Australian households (around 25.6% in the 2021 Census) are single-person households, a figure that has steadily increased and is projected to rise further, with more Australians choosing to live alone, especially among younger adults and older women. While family households remain the most common, single living is a growing trend, with projections suggesting lone-person households could reach 26-28% by 2046.
The 2016 Census revealed that 35.0% of Australians aged 15 and over had never been married, up from 34.3% in 2011, indicating a trend towards delayed or foregone marriages.
The most current Census Bureau report on marital status found that 49% of Americans are married, while 51% are single. Being single is defined as being separated, divorced, widowed, or never married. The percentage of single people is never married 67%, separated 3%, divorced 19%, and widowed 11%.
A significant portion of Australians, around 40-45% (over 9 million people), have less than $1,000 in savings, highlighting widespread financial vulnerability due to high living costs, with many living paycheck-to-paycheck and facing major stress from unexpected expenses. This contrasts with median savings figures, where some reports show Australians having tens of thousands saved, though these averages are skewed by "super savers" and exclude superannuation.
Feelings of loneliness
around one in six (17%) people reported often feeling lonely, similar to the level reported in 2022 (18%)
Here are some loneliness statistics by age: Generation Z (ages 18-22) is the loneliest generation, with 79% reporting feelings of loneliness according to a study by Cigna. Millennials (ages 23-37) also report high levels of loneliness, with 71% saying they feel lonely at times in a survey by YouGov.
An estimated 94.9% of Australians are heterosexual (straight). In this release, trans and gender diverse is defined as people whose gender is different to their sex recorded at birth and who therefore have a trans experience. This includes trans men, trans women and non-binary people.
Put aside just $13.70 per day, and at the end of the year you'll have $5,000; double that to $27.39 daily and you'll have $10,000 by year-end—and that doesn't include the interest you may earn. You can save money by making a budget, automating savings, reducing discretionary spending and seeking discounts.
Yes, $600,000 can be enough to retire at 60 in Australia for many, especially if you're a single person aiming for a comfortable lifestyle, but it depends heavily on your spending, assets, and eligibility for the Age Pension. While some sources suggest $600k covers a single's comfortable retirement (around $52k-$53k/year), it's near the lower end, and couples might need closer to $700k for a similar standard, making financial planning crucial for a stress-free retirement.
The 50/30/20 rule in Australia is a simple budgeting guideline that suggests allocating 50% of your after-tax income to essential living costs (needs), 30% to lifestyle expenses (wants), and 20% to savings and debt repayment, though many Australians find they need to adjust it due to high living costs, sometimes shifting towards 60/20/20 or similar ratios.
But it does provide some rough guidelines as to how soon may be too soon to make long-term commitments and how long may be too long to stick with a relationship. Each of the three numbers—three, six, and nine—stands for the month that a different common stage of a relationship tends to end.
📊 According to Pew Research, nearly 63% of men under 30 are single—and many aren't actively looking. 💭 Psychologists link this trend to shifting priorities: autonomy, emotional safety, financial independence, and avoiding high-risk commitments like marriage.
What are the biggest turn-offs in a relationship?
Profession With Highest Divorce Rate Australia: By The Numbers. According to a divorce statistics article from Monster, the top of the list of profession with highest divorce rate Australia are as follows: Gaming services workers or gaming managers (52.9%) Bartenders (52.7%)
The median age at divorce has been increasing for both men and women, now reaching its highest point at 47.1 years for men and 44.1 years for women. The number of divorces involving children under 18 years remained stable over the last decade at 1 in 2.
Divorce lawyers, psychologists, and researchers have slotted years of marriage into periods and have rated them based on their risk of divorce:
Around 80,000 Australians had over $2 million in superannuation as of 2019-2020 data, with estimates suggesting this number might be higher now due to asset growth, potentially affecting around 80,000 people with balances over $3 million by 2025. While most with high balances are older, some young individuals (under 30) also hold over $2 million in super.
The top ten financial mistakes most people make after retirement are:
Fewer people have $1 million in retirement savings than commonly thought, with around 4.6% to 4.7% of U.S. households having $1 million or more in retirement accounts, according to recent Federal Reserve data (2022), though this percentage rises for older age groups, with about 9% of those aged 55-64 reaching that milestone. However, the median retirement savings are much lower (around $88,000-$200,000), showing a large gap between averages and reality, with many retirees having significantly less, notes.
Your $500,000 can give you about $20,000 each year using the 4% rule, and it could last over 30 years. The Bureau of Labor Statistics shows retirees spend around $54,000 yearly. Smart investments can make your savings last longer.
I tell young people all the time, by the time you hit 33 years old you should have at least $100,000 saved somewhere. Make that your goal. That's the age when it's really time to start getting FOCUSED on saving. You want to be in a good place when you're 65, but it starts now!
Create a Savings Plan
Estimate how much you'll have to save. If you're starting from scratch, you'll need to save about $833 a month to get to $10,000 in 12 months.
Forty-two percent of LGBTQ adults identify as people of color, including 21 percent who identify as Latino/a, 12 percent as Black, two percent as Asian, and one percent as American Indian and Alaska Native.
No, Australia is not 90% white; while a large majority identify with European ancestry (around 76-80% in recent years), a significant and growing portion identifies as Asian, African, Middle Eastern, or Indigenous, making it a highly multicultural nation with diverse ethnic backgrounds, not overwhelmingly white. Recent census data shows European ancestry (English, Irish, etc.) makes up a large chunk, but Asian ancestries are also substantial, with over 17% Asian population and around 3.8% identifying as Aboriginal or Torres Strait Islander, per the 2021 census data from Wikipedia.
WASHINGTON, D.C. -- Gallup's latest update on LGBTQ+ identification finds 9.3% of U.S. adults identifying as lesbian, gay, bisexual, transgender or something other than heterosexual in 2024. This represents an increase of more than a percentage point versus the prior estimate, from 2023.