Search Results | Showing 11 - 20 of 65 results for "Retirement Standard" |
| | ... findings indicate retirees may not need to save as much as the Association of Super Funds of Australia (ASFA) Retirement Standard, which more closely resembles the high end of the Super Consumers Australia numbers for retirement savings and spending. ... |
| | | ... expenses, according to findings from the Association of Superannuation Funds of Australia (ASFA). ASFA's Retirement Standard for the December 2021 quarter indicates that couples aged around 65 living a comfortable retirement need to spend $64,771 ... |
| | | ... Association of Superannuation Funds of Australia (ASFA) the cost of retiring increased in the June quarter. The ASFA Retirement Standard June quarter 2021 figures indicate that couples aged around 65 living a comfortable retirement need to spend $63,352 ... |
| | | ... noted the increase to 12% will lead to double the proportion of Australian workers reaching its comfortable retirement standard of $545,000. Only 25% of Australians currently achieve a self-funded retirement. "By 2050, that number is set to double as ... |
| | | ... pre-COVID-19 prices, according to the Association of Superannuation Funds of Australia (ASFA). ASFA published its Retirement Standard September quarter 2020 figures which indicate that couples aged around 65 living a comfortable retirement need to spend ... |
| | | ... each year. Further, ASFA anticipates that by 2050 half of all retirees will have achieved its Comfortable Retirement Standard, which is currently $44,200 per year for a single person or $62,400 for a couple. Still, women will continue to be disadvantaged. ... |
| | | ... members would be more impactful than an uplift in the superannuation guarantee, and that ASFA's comfortable retirement standard was not suitable for most Australians. In its submission, the researcher said a reduction in average super fees - and therefore ... |
| | | ... older member) at the current 9.5% SG and if it rises to the planned 12%. The comparison benchmark was the ASFA Retirement Standard, which set $545,000 as the lump sum required for a comfortable retirement. Of the four cameos, none would hit $545,000 ... |
| | | ... comfortable level to couples needing to spend $1292 more a year, and for singles the amount is $829." In its Retirement Standard December quarter 2019 figures, ASFA found that couples (aged 65) need to spend $62,269 per year to live comfortably, while ... |
| | | ... "Strengthening the superannuation system is of critical importance for public confidence and ultimately for the retirement standard of living that all Australians enjoy," Silk said. "Persistently underperforming funds must be removed from the industry ... |
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