Set out below are all SuperGuide articles that relate to How much super do I need?.
How to use the MoneySmart Retirement Planner
There can be a bit of a learning curve with MoneySmart’s Retirement Planner, and it may appear intimidating at first glance, so we created a short video to help you get an understanding of how the tool works.
Video: How much super someone needs will be unique to them
Amara Haqqani from Milliman discusses how the estimates we hear about how much super someone needs for retirement are limited because everyone’s needs are unique.
How can you plan your income needs in retirement?
How to plan your income in retirement can be one of the most confusing aspects of retirement planning. In this video members of the Profession of Independent Financial Advisers provide some insights into how they approach it.
Super danger: Could you get caught in the ‘retirement trap’?
Although building your super account balance is a good idea, the current Age Pension and super system rules can create a black hole for some people – leaving them better off with less money in their super account. Could you be at risk?
Super to income Reckoner
SuperGuide’s Super to income Reckoner can help you quickly and simply understand approximately how much retirement income your super savings might be able to generate.
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Income from super Reckoner
SuperGuide’s Income from super reckoner can help you quickly and simply understand the approximate super savings you need to fund your desired retirement income.
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.
4 strategies to help fix your total super balance problem
Having a total super balance of $1.6 million can create real problems. If you want to add more to your super account, here’s four strategies to consider.
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 $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.
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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 $1.6 million in super enough to retire on?
Since 1 July 2017 there has been a $1.6 million 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?
Is $2 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 $3.2 million in super enough for a couple to retire on?
How much will $3.2m in super generate in retirement income for a couple across 25, 30 or 25 years?
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.