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Australians need $1.6m for comfortable retirement: Survey

Australians believe they need $1.6 million to be financially comfortable in retirement, a new survey from Colonial First State (CFS) finds, but they cannot agree on what living comfortably looks like.

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Read more: CFSColonial First StateActuaries InstituteAndrew BoalAssociation of Superannuation Funds of AustraliaAustralian Bureau of StatisticsDeloitte Australia