What does Goldilocks need for retirement?BY STEPHEN FAY | FRIDAY, 13 MAY 2016 4:02PM We were once told that superannuation members need $1 million in retirement. Then it was argued the number is a myth. Now it is clear more than $1.6 million in retirement is too ... Upgrade your subscription to access this article
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CHIEF EXECUTIVE OFFICER
AWARE SUPER
CHIEF EXECUTIVE OFFICER
AWARE SUPER
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What people require for THEIR retirement is personal and shouldn't be generalised. That's why we spend the time identifying and clarifying personal objectives to help clients frame the roadmap they need.
The government has announced a cap of $1.6m that will remain tax free capital but that is in no way suggesting a "right number" for retirement. It is just what the public purse will carry up to.