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I was reading the latest stats from ARPP the other day, Oh, here it is! It's a good little piece. Do your own research… By 2023 the retirement age will be increased to 67 and the number of retirees is set to double by 2047. This amounts to over 7 million people or 25% of the...

Thats quite a large income and would probably sit you in the top 1% of the retired population financially. I wish you good luck. I don't know if you're talking equity, passive (taxed) income or a mix of both, but if it was taxed income you'd need ALOT of assets, with not alot of debt attached...

See, it's funny this. One person 'needs' $70k even once retired just to survive with no debts, someone else like myself would only 'need' $30k to live comfortably with no debts. I would need around $55,000 to be comfortable if I was to retire today WITH the debts I have (Neg geared...

I could live on $30-50k but ticked the $50-$80k box because thats more comfortable. I could also live on $100-$200k :D Depends on your loans and lifestyle expenses.