What is a comfortable retirement amount for a homeowner #homeownership #financialadvice
Description
So how much do you actually need for retirement?
There is no perfect number for everyone, but a helpful guide is the ASFA Retirement Standard.
Based on the September 2025 figures, a comfortable retirement for people aged 65 to 84 who own their own home looks like this:
* Couple about 76,000 per year
* Single about 54,000 per year
ASFA also translates this into a rough super balance at age 67. This assumes you draw down from your super and also receive the Centrelink Age Pension.
Their guidance suggests:
* around 690,000 for a couple
* around 595,000 for a single
These are not rules. They are simply benchmarks to help you understand what is possible. Your lifestyle, your goals and the way you want to live in retirement matter just as much as the numbers.
Financial Adviser @ Consortium Private Wealth
AFSL 495401 | Authorised Rep No. 1270413
Information provided is general in nature and not personal financial advice.
#finance #investing #australianfinance #financialadvice #wealthplanning #wimmera
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Advice Disclaimer || Any advice given by the presenter/s has been prepared without considering your individual objectives, financial situation or needs. So, before you act on the advice you should think about whether the advice suits your objectives, financial situation or needs. If the advice relates to acquiring a financial product you should obtain a copy of the Product Disclosure Statement for that product and consider it before making a decision. This presentation has been prepared by Consortium Private Wealth Pty Ltd (ABN 74 616 250 965) (AFSL 495401). If you require advice which takes into account your objectives, financial situation and needs you should speak to a financial adviser.
Robert Goudie (ASIC Reg 235974), Ashley Rowan (ASIC Reg 433899), Olivia Glare (ASIC Reg 1262290), Rachael Todman (ASIC Reg 1270413) & Amy Lehmann (ASIC Reg 1292710) are Authorised Representatives of Consortium Private Wealth Pty Ltd ABN 74 616 250 965 AFS Licence 495401.
The information provided in this article is general in nature only and does not constitute personal financial advice.