Is $1.4 million in super enough for a couple to retire at 62 with a paid-off home? It’s a strong
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Is $1.4 million in super enough for a couple to retire at 62 with a paid-off home? It’s a strong starting point, but the answer depends on how much you want to spend. A lifestyle costing $180,000 a year puts very different demands on your savings than a more modest budget. Your plan also needs to consider how long retirement could last, inflation, investment returns and how your household circumstances might change. Projections can help you explore what’s sustainable and how spending more in your active years could affect your finances later. The aim is to enjoy the health and freedom you have today while planning for the years ahead. General advice only. Consortium Private Wealth AFSL 495401
Disclaimer || The information provided in this post is general in nature only and does not constitute personal financial advice. Robert Goudie is an Authorised Representative (No. 235974) of AFSL 495401.
The information provided in this article is general in nature only and does not constitute personal financial advice.