The rise of the white-collar nomad

I'm retired | | 2 min read

 

We’ve all heard of grey nomads – retired Australians who travel for weeks or months at a time, often in a caravan or motorhome. But there’s a new trend emerging. The increase in hybrid working arrangements is opening up new opportunities for people who want to combine work and travel.

Known as white-collar nomads, these Australians are taking advantage of flexible working policies to travel around the country – or even overseas – without retiring or taking leave from work.

White-collar nomads can be any age. Younger nomads may choose this lifestyle as a result of unaffordable housing options, or a desire for greater purpose. Older nomads may want to fulfil their retirement travel plans while still earning money and continuing to grow their super.

Recent research commissioned by Equip revealed that almost two-thirds of working Australians (61%) say they’re more cautious with their personal finances and spending since COVID. Becoming a white-collar nomad means they can experience the joy of travel without making a dent in their savings.

Embracing flexible working policies

Over the past couple of years, there has been a noticeable shift in employee expectations about businesses offering flexible working policies. 

Many industries are experiencing strong competition between organisations to attract and retain the best talent. Offering workplace flexibility can make your business far more appealing to both current and potential employees.

What’s more, flexible working policies may entice older employees, who would have otherwise retired, to continue working. With one in two Australians expecting to work past the age of 65, giving them the means to enjoy a retirement lifestyle while still working can keep them engaged and allow you to retain their skills for longer. 

As work-life balance becomes a larger priority for many Australians, businesses have an opportunity to work more closely with their employees to seek mutual benefit. Embracing flexible working policies – and encouraging employees to follow their purpose – can be a winning formula for a strong culture and positive business outcomes.


Issued by Togethr Trustees Pty Ltd ABN 64 006 964 049, AFSL 246383 ("Togethr"), the trustee of the Equipsuper Superannuation Fund ABN 33 813 823 017 ("the Fund"). The information contained herein is general information only and does not take into account your personal financial situation or needs. You should consider whether this information is appropriate to your personal circumstances before acting on it and, if necessary, you should also seek professional financial advice tailored to your personal circumstances. Where tax information is included, you should consider obtaining personal taxation advice. Before making a decision to invest in the Equipsuper Superannuation Fund, you should read the appropriate Product Disclosure Statement (PDS) and Target Market Determination for the product which are available at equipsuper.com.au.  Financial advice services may be provided to members by the trustee’s related entity Togethr Financial Planning Pty Ltd (ABN 84 124 491 078; AFSL 455010). *Past performance is not an indication of future performance.

Join our award-winning fund

Plan for your future with the industry fund that works hard for you.

Join us