How much super do you need to retire comfortably? Australians are beginning to question the amount of income and super they need to earn to achieve a comfortable retirement.
It has been estimated that an average of $1.6 million will be a goal target for those wanting to retire comfortably. Although this figure is commonly cited, it may be more than what is needed.
The professor of finance at Griffith Centre for Personal Finance and Superannuation; Robert Bianchi noted there is no correct or final figure when heading into retirement.