How much superannuation is enough? For individuals considering a lifetime pension, the correct value is a function of both age and gender. Our actuaries have recently calibrated a complete table of targets required to produce a retirement income of $65,000 p.a.
For example, a retirement income of $65,000 p.a. (indexed) for a 70 year old female is valued at:
$802,776 (on average)
A complete table of targets for all ages is reproduced below:
There are a range of alternate targets applicable depending on other factors such as guaranteed periods, reversionary elements or personal health circumstances. These can be sourced via our online calculator here.
Retirement Income Target - Calculator