Retirees Costs Continue To Rise

February 14, 2012

A couple looking to achieve a comfortable retirement will need to have an annual income of $55,316 according to the latest figures released in the Association of Superannuation Funds in Australia (ASFA) Retirement Standard.  Those seeking a modest retirement lifestyle will require $31,767.  These updated figures continue the trend upwards with an increase of 0.7% for the September 2011 quarter over the June 2011 quarter figures, slightly higher than the CPI figures for the same period.

How much super do I need
Over the year to the September 2011 quarter, retirees have had an increase of 6.4% in income requirements, and whilst they generally own their own homes and don't spend as much on education services; items such as food, health and transportation costs count for a significant part of their budgets.

How Much Super Do I Need?

Speak with award winning financial advisor and self managed super specialist Andrew Frith to discuss your retirement needs and plan now for a brighter future.

Call 1300 587 673 or email us today to find out.. "how much super do I need?"


How Much Super Do I Need?

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