Knowing what and where you will spend will make retirement planning much easier, and help you avoid retirees’ biggest fear: outliving their savings.
Set out below are all SuperGuide articles that relate to How much will I spend in retirement?.
How much can I afford to spend in retirement?
An Institute of Actuaries working group has devised a simple rule of thumb for spending in retirement, based on your age and assets.
Worried about outliving your retirement savings? 9 steps that might help
Most Australians are worried about outliving their retirement savings, with pre-retirees the most concerned. But there are some simple steps you can take to help you worry less and sleep a little better.
How to plan your spending through the 3 stages of retirement
Spending during retirement changes the longer you’re retired. Find out about the three stages and how it can impact the amount of money you will need.
Target retirement income: An explanation of the 66-80% rule of thumb
Our SuperGuide retirement planning articles often refer to a ‘rule of thumb’ that suggests you will need somewhere between two thirds (66%) and 80% of pre-retirement income to continue to enjoy your current standard of living.