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:
$787,430 (on average)
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