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  1. Scott No Mates

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

    You were quite lucky with some of your timing Truong. A strong AUD, GFC but weak property market at times.
  2. Scott No Mates

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

    Dec, the yield calculation is based on net return / pv not purchase. Basing return on purchase cost may feel good but you'll be looking forever to find another residential property with a 25% return.
  3. Scott No Mates

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

    I know of several in various states of retirement. Pensioners with own home, living quite well (no other assets), self funded retirees (oh, those ones with $1m in super + several $100,000's pa from rent) - they're doing alright but complaining about low interest on term deposits ;)
  4. Scott No Mates

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

    I've also heard it the other way back in the 80's I think.
  5. Scott No Mates

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

    I would assume that those seeking early retirement would have assets outside of super to fund their lifestyle choice in the knowledge that super is inaccessible until retirement age (as opposed to the pension age which is higher).
  6. Scott No Mates

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

    In retirement, the average person will spend 20-25 years. (not much less than your working life). You need to plan and rebalance your assets to extend the life of your savings - so there's a need to consider short, medium and long term investment strategies. This means having a mix of risk...
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