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Why you only need $275k in super to retire. The sweet spot - pension and super.

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Why You Only Need $275K In Super To Retire - The Sweet Spot Pension + Super

Building up enough super for retirement may not be as daunting as it seems – you certainly don’t need the often quoted $1 million. In fact, retirees with modest savings can be better off than those with more than twice as much. The secret is to hit the “sweet spot”, where the return from your nest egg combines with the full age pension to fund a reasonable lifestyle. For a home-owning single the magic savings figure is $275,000 and for a couple it’s $400,000. We consulted the experts to show how it can be done.

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Money Magazine Australia Description:

Money Magazine Australia is a monthly magazine that provides personal finance advice to Australian readers. It is published by Are Media and has been in circulation since 1997. The magazine covers a wide range of financial topics, including budgeting, investing, retirement planning, debt management, and insurance.

Money Magazine Australia is written by experienced financial journalists and experts, and it provides comprehensive and up-to-date information on its chosen topics. The magazine is easy to understand and navigate, and it is available in both print and digital formats. Money Magazine Australia also offers a variety of resources, such as calculators, quizzes, and articles.

If you are looking for a reliable and informative financial magazine, then Money Magazine Australia is a good choice. So what are you waiting for? Subscribe to Money Magazine Australia today!