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  1. H

    You "Only" Need $1m to retire comfortably.

    I would assume they do too but the real shock may come to those planning to retire "normally" at age 60, when they can currently access their super, to perhaps find the government has moved the access goal post to 65 or even 70.
  2. H

    You "Only" Need $1m to retire comfortably.

    Because: 1. You can't access super before preservation age, making it unusable for the initial phase of an early retirement. 2. In line with age pension changes, preservation age is likely to increase for future retirees, exacerbating point 1. 3. It is currently tax free and available as a lump...
  3. H

    You "Only" Need $1m to retire comfortably.

    Don't forget that from aged pension eligibility age, the couple can receive part aged pension starting at around $10,000 and increasing annually if the stash declines because the 'conservative' conservative 5.5% annual return isn't realised. Those numbers to pull $55K pa until age 90 sound...
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