Be confident about the future

Enjoy retirement, and do the things you love.

While every individual’s circumstances and spending habits are different, an often used measure is ASFA's (Association of Superannuation Funds of Australia) Retirement Standard, which suggests that a retirement income of $59,000 p.a. for couples, or $43,000 p.a. for individuals, will support a comfortable lifestyle*.

That equates to a superannuation balance of approximately $645,000 in super for a couple, and $545,000 for individuals. It also assumes you own your own home, and are not making any mortgage or rent payments. Of course, if you believe you'll need more for the lifestyle you aspire to, then your super balance will need to be higher on retirement.

While those numbers can provide a baseline figure, they don’t tell the whole story. Age pension entitlements, part time work, and your investment choices can help top up your retirement funds, and help your money last longer.

* ASFA retirement standard. The information provided on this page is general information only and does not take into account your personal financial situation or needs. You should consider whether this information is appropriate to your personal circumstances before acting on it and, if necessary, you should also seek professional financial advice tailored to your personal circumstances.