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Showing 61 - 70 of 203 results for "Comfortable retirement"

Advised Aussies better off on all fronts: Study

JAMIE WILLIAMSON  |  WEDNESDAY, 5 OCT 2022
... not satisfied at all. Finally, in retirement, those that seek advice are twice as likely to experience a comfortable retirement than those that don't. Breaking this down, those under 65 are more likely to envisage key financial and wellbeing benefits ...

Data demonstrates success of compulsory super: Report

CASSANDRA BALDINI  |  WEDNESDAY, 31 AUG 2022
... have accumulated super for their retirement is 82% which sits lower than men's 88%. "More men enjoy a comfortable retirement from super, and more women than men have super balances so low, they are reliant on the age pension," National Seniors chief ...

Calls for greater efforts to close gender pay, super gap

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
... females. For reference, the ASFA Retirement Standard contends that the super balance required to achieve a comfortable retirement at age 67 is $640,000 for couples and $545,000 for singles. For a modest retirement, that budgets for a retirement lifestyle ...

Retirees doing it tough: ASFA

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
... According to ASFA's Retirement Standard figures for the March quarter, Australians aged around 65 living a comfortable retirement need to spend $65,445 per year and singles $46,494, up by 1.0% and 1.2% on the previous quarter. The annual percentage increases ...

Active Super enhances parental leave policy

JAMIE WILLIAMSON  |  TUESDAY, 26 APR 2022
... weeks, are important initiatives to help reduce the gender gap in superannuation and enable women to have a comfortable retirement," Active Super chief executive Phil Stockwell said. According to the Association of Superannuation Funds of Australia ...

Inflation hitting retiree budgets: ASFA

CHLOE WALKER  |  THURSDAY, 10 FEB 2022
... ASFA's Retirement Standard for the December 2021 quarter indicates that couples aged around 65 living a comfortable retirement need to spend $64,771 per year and singles $45,962, up by 1.5% and 1.6% respectively on the previous quarter. "Australian ...

Pre-retirees worry about political risks: Survey

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
... Mayell said. Pre-retirees who participated in the survey said they need $4500 per month on average for a comfortable retirement. Their overall sentiment, one of the most positive in the last five years, is that they will outlive their retirement money. ...

Supply chain issues push up retiree expenses

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
... retirement index shows. Couples aged 65 need $63,799 per year and singles need $45,239 per year to live a comfortable retirement, according to ASFA. Several price hikes are eating away at retirees' savings, driven by global supply chain bottlenecks that ...

Equal Pay Day offers sobering reminder

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
... had members write to me saying they're struggling to get ahead and can't possibly see how they can have a comfortable retirement... they fear they'll need to work well past the retirement age just to keep a roof over their head and food on the table," ...

Cost of retirement increases

ELIZABETH MCARTHUR  |  TUESDAY, 24 AUG 2021
... quarter. The ASFA Retirement Standard June quarter 2021 figures indicate that couples aged around 65 living a comfortable retirement need to spend $63,352 per year and singles $44,818. Those figures are up by 0.8% and 0.9% respectively on the previous ...