IMPORTANT: SuperGuide does not provide financial advice. SuperGuide does not answer all questions posted in the comments section. SuperGuide may use your question or comment, or use questions from several readers, as the basis for an article topic that we publish on the SuperGuide website. We will not disclose names or personal information in these articles. Comments provided by readers that may include information relating to tax, superannuation or other rules cannot be relied upon as advice. SuperGuide does not verify the information provided within comments from readers. Readers need to seek independent advice about their personal circumstances.


  1. darrell campbell says:

    Hi Trish,
    Great articles,,, butI still have a problem with “sum needed”
    $1.07 million funds a 22 year retirement on $57k or so.Fine if I retire now.
    But a 30 year-old,,, cant look at this and say “ok, I have to have $1.07 million when I am 67,,, and I’ll be OK”…….as inflation etc makes this meaningless.
    So how does one work out a sum to work towards? (Eg at an “assumed” inflation rate of say, 3% ). Not everyone can easily do the maths !thanks

    • Hi Darrell
      The figures in the article are in today’s dollars (adjusted for inflation) which means the future dollars you actually save are a lot more – it has been adjusted for inflation already so it is meaningful for today. In the near future, we will add an article comparing future and today’s dollars ( adjusted for inflation) over a period of 25 years.

      Also, the ASIC Moneysmart account-based pension calculator shows the calculations behind the figures, and displays the future dollars in a separate page.

  2. 7% return on investment?
    Are you running a meth lab in your garage?

    Nobody else makes more than 4%.

  3. Hi Trish

    I find your articles interesting and am trying to gather enough information to make a choice as to when I would need to retire (60 yo hopefully). I would be interested in knowing the numbers crunched on a $1 million if couple were not entitled to the aged pension (full or part).

Leave a Comment