menu_open
Columnists
We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

How Much Do Australians Need To Retire Comfortably? Rising Costs Redefine Savings Goals

6 0
03.12.2024

For Australians, superannuation is a vital component of a secure and comfortable retirement. However, the concept of a comfortable post-work life can vary greatly from person to person. Despite this, one thing is certain: uncertainties are rising amid a shifting economic landscape.

Variables like shifting interest rates, erratic real estate values, and international conflicts can all drive down ROI. Therefore, Australians must review their superannuation plans to make sure they're on track to meet their retirement goals.

According to the Association of Superannuation Funds of Australia (ASFA), a substantial quantity of funds was necessary for a decent retirement plan.

The ASFA Retirement Standard

The AFSA has released an advisory on how to plan an affluent retirement. The foremost criteria include owning a........

© International Business Times


Get it on Google Play