12 January 2010

Comfortable Lifestyle and Modest Lifestyle in Retirement


I thought you might find this information from the Westpac-ASFA Retirement Standard interesting: http://www.superannuation.asn.au/RS/default.aspx

To achieve “Comfortable” status as a couple you probably need $500 to $600k in Super, which still allows you to receive some Age Pension.

The Standard provides “Detailed Budget Breakdowns: Comfortable Lifestyle and Modest Lifestyle” as at September 2009.

It only allows $11.75 per week for books and magazines for a Comfortable Couple - thank heavens for libraries!

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