WATCH: How much super is enough?
With the cost of living going up each year and with life expectancy increasing, how much super is enough to live a comfortable retirement? Our financial planning partner, Bridges, explains the considerations in this video.
Find a professional financial planner near you or visit the Bridges retirement lab by using the Bridges resources.
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Bridges Financial Services Pty Limited (Bridges). ABN 60 003 474 977. ASX participant. AFSL No 240837. In referring members to Bridges, Teachers Mutual Bank Limited, does not accept any liability or responsibility for any act or omission or advice provided by Bridges or its authorised representatives. This is general advice only and does not take into account your individual situation, needs or circumstances. You should assess your own financial situation, or seek professional advice before making any financial decisions based on this advice. If we refer you to Bridges for financial advice we may receive a referral fee ranging from 0-30% of any entry fee and/or any ongoing fee paid by you to Bridges. Part of the IOOF group.
Retirement measuring up?
1. Source: ASFA retirement standard December quarter 2015. Note: assumes that the retiree(s) is in receipt of part age pension, owns their own home outright and is relatively healthy. For more information and the latest figures visit the ASFA website.