“How much money do I need to retire?"
"What is the amount I need retiring as a single or couple?"
"How do I work out how much money I need for my retirement?"

📘 Check out Canstar's FREE 2021 Annual Super Guide, it covers all the super basics and the strategies you could take to boost your super at every age, go to https://bit.ly/3nV01YF

The Association of Superannuation Funds of Australia (ASFA) has a Retirement Standard that estimates how much you’ll need in retirement, depending on whether you are single or in a couple and want to live modestly or comfortably.

In this video, our money expert Effie Zahos will answer this age-old question by sharing with you insights from ASFA and walk you through the three most important factors to consider when calculating your magic retirement number.

📣 Let us know what you think!
How much do you think you'll need to retire? Let us know in the comments.

⚡Helpful links from this video:
📎 How much super do you need to retire?: https://bit.ly/3AD3MWo
📎 How much super should I have at my age?: https://bit.ly/2XztcFy
📎 Top performing super funds: https://bit.ly/39tzF7Q
📎 FREE Retirement planner calculator tool: https://bit.ly/3tYLcVS
📎 Compare super funds: https://bit.ly/3o0ha39

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Visit our website to compare over 775 brands across more than 30 different finance categories, including banking, insurance and superannuation. We understand that people don’t always love managing their finances, but we do. That’s why our team collects, analyses and researches thousands of finance products to develop our expert value-based, not just price based, Star Ratings and Awards. We’ve also recently launched Customer Satisfaction Awards to add a consumer perspective to the comparison equation.
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❗ Important information:
This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you. Consider the product disclosure statement before making a purchase decision. Canstar provides an information service. It is not a credit provider, and in giving you information about credit products Canstar is not making any suggestion or recommendation to you about a particular credit product.

The information here is general and does not take into account the market volatility. Please note that all information about performance returns is historical. Past performance should not be relied upon as an indicator of future performance; unit prices and the value of your investment may fall as well as rise.

Canstar is not authorised or registered to provide tax advice. Canstar does not provide legal or accounting advice. This article has been prepared for information purposes only and is not intended to provide and should not be relied upon for tax, legal or accounting advice. We recommend you seek advice from a qualified and registered (where applicable) professional adviser before making any financial or purchase decision.

See Canstar’s FSCG: https://www.canstar.com.au/canstar-fscg/
Research provided by Canstar Research AFSL and Australian Credit Licence No. 437917.