How much do retirees really live on?
Discover more from Epic Retirement
How much do retirees really live on?
As retirement approaches, one of the biggest concerns people have is determining the amount of money they need to sustain a comfortable lifestyle throughout their later years.
How much do retirees really live on?
My column in The Age, The Sydney Morning Herald and The Brisbane Times went a little viral last weekend with more than 150,000 reads online alone and lots of discussion. Keep your eye out - I’ve got a follow up piece in the papers this week.
As retirement approaches, one of the biggest concerns people have is determining the amount of money they need to sustain a comfortable lifestyle throughout their later years.
Both pension-funded and self-funded retirees in Australia often wonder how much money they can realistically live on per year, while voyeuristically ogling each other in wonder.
So let’s explore the average retirement income for Australians and look at the different ways it can be calculated to give you some better insight into how the other half lives.