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.
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.
In this video interview Ian Fryer, Head of Research at Chant West, shares some insights into choosing a pension fund, including how choosing a pension fund is different to choosing a super fund, what the process is to starting a pension, and what investment option to consider in retirement.
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.
Bina Brown explains how residential aged care works, what are the typical wait times and costs, and what you should consider when choosing a residential aged care facility.
Bina Brown explains how aged care home care packages work and how they are assessed.
In this video interview Bina Brown, Director of Third Age Matters, gives an introduction into aged care, including common mistakes people make, ways to educate yourself about aged care and other tips for those first thinking about aged care.
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.
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.
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.
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?
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?
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.
How much will $3.2m in super generate in retirement income for a couple across 25, 30 or 25 years?
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.