Retirement in Australia – how much super do you need?
What’s a comfortable retirement income, and how much super do Australians need to achieve it? It depends on who you ask.
As they approach retirement, many Australians start questioning whether their superannuation balance is adequate. Perhaps they need to save some more?
A commonly cited figure is A$1.6 million, but that is not an easy target for many people to achieve. Some experts say such a sum could result in them saving more than they need for retirement.
Listen to the story
• Read the original article on INTHEBLACK