Super fund performance: Monthly returns to April 2022
It will come as no surprise that volatile markets took a toll on super funds in April, with the median Growth fund losing 1.2%.
Articles by Barbara Drury
Super fund performance reckoner: Monthly returns for 5 investment categories
In our reckoner below you can view the median monthly investment returns for 5 superannuation investment options going back to January 2016.
Is $750,000 in super enough to retire on?
A million dollars is often talked about as the gold standard of retirement savings, but it is a suspiciously round number. Depending on your personal circumstances, you might live well on much less, say $750,000, especially if you are not a big traveller or you intend to continue working well into your 70s.
Is $1 million in super enough to retire on?
A million dollars is often bandied about as the gold standard of retirement savings. It certainly sounds like a lot of money, but is it enough to retire on not just comfortably but in style?
Is $2.5 million in super enough to retire on?
A million dollars is often cited as the gold standard of retirement savings. It certainly sounds like a lot of money, but it may not provide the income you require if you are a couple or if one of you has high healthcare needs.
Is $3.4 million in super enough for a couple to retire on?
How much will $3.4m in super generate in retirement income for a couple across 25, 30 or 25 years?
Is $500,000 in super enough to retire on?
According to the ASFA Retirement Standard, a couple can live a ‘comfortable lifestyle’ with a retirement balance of $640,000 while singles can enjoy the same with $545,000. But these are guidelines only.
Is $1.7 million in super enough to retire on?
Since 1 July 2017 there has been a limit on the amount you can transfer into a super account in pension phase. The question is, is this an arbitrary figure dreamed up by bureaucrats or is it enough for a dream retirement?
How much super do I need to retire on $100,000 a year?
The widely-reported ASFA Retirement standard suggests couples can enjoy a ‘comfortable lifestyle’ on just over $60,000 a year while singles can do the same on around $43,000. If that sounds less than comfortable to you, perhaps an income of $100,000 a year is closer to the mark.
How much super do I need to retire on $80,000 a year?
So, you’ve done some preliminary sums and think you will need around $80,000 a year to live well in retirement. The ASFA Retirement standard suggests couples can enjoy a ‘comfortable lifestyle’ on around $60,000 a year and singles on about $43,000 a year. By this yardstick, $80,000 a year should support a more than comfortable retirement.
How much super do I need to retire on $60,000 a year?
If $60,000 a year sounds like your kind of retirement, the next step is to work out how much super you will need to fund it.
How much super do I need to retire on $50,000 a year?
If $50,000 a year sounds like your kind of retirement, the next step is to work out how much super you will need to fund it.
How much super do I need to retire on $40,000 a year?
If $40,000 a year sounds like your kind of retirement, the next step is to work out how much super you will need to fund it.
How much super do I need to retire?
The amount of super YOU need to retire will depend on your personal circumstances, financial resources both inside and outside super and your lifestyle. So before you set an arbitrary super target, block out the fearmongers and think about the big picture.
Super and pension fund performance: Where does your fund rank?
Now updated to 31 March 2022. Have you ever looked at your super fund’s investment returns and wondered how your fund compares with similar funds? Is it a consistently high performer or an inveterate underachiever?
