i've always find purchasing power, minimum income, median income data an interesting subject- with the passive income, self fund subject, even that i didn't do much research about retirement/pension itself- it has a portion of all those elements, certainly living n a country that respects it's people is a big plus as with australia, the idea is really great & very few countries have such concepts- as there r more than 190 countries n the world probably less than 10% have similar ideas, from my previous research i know that for the minimum wage n ppp australia is ranked 2nd & for median wealth per adult it's ranked 3rd- from that i can say indeed australian pensioners ranked withing top 5 places n quality of life "including income". it was great to read about the subject- have a great day