When it comes to working out just how much is enough super for your retirement, there isn’t just one magic formula or number that works for everyone. We all have a different experience in retirement and lifestyle preferences and choices will have a big impact on how much you need to save. Your health and how long you live will also be a major factor in working out your retirement savings and income needs.
In this article we look at:
- Why it helps to plan for how much income you’ll need to live on in retirement.
- Where your income in retirement could come from
- How to make the most of your super savings as a source of income
- How Aware Super can help you invest your super for income in retirement.