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  1. G

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

    property is a very poor retirement asset, low yielding and high ongoing costs. the simpler approach of cashing it in, buying a diversified portfolio of managed funds/shares/cash etc in super for most people is the best option. it allows you to draw down on the income as well as the capital...
  2. G

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

    I don't think everyone here realises how generous the age pension is.... as a couple you can have $285,000 in assets and still get the full pension of $33,000 pa. So if you retire at age 65 with $285,000 in super and can generate a 6% return on your investment you will have an income of...
  3. G

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

    a couple retiring a couple of years before age pension age, wanting an income of say $60K indexed to inflation for their life expectancy will require a balance of roughly $620K in super or other liquid assets. assuming a 3.8% return after inflation. the age pension is quite generous and if...
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