There has been a flurry of talks and claims that Australians basically need one million dollars in their super to retire comfortably. These claims caused panic among some of the retirees. Will they really need this amount for comfortable retirement?
The Australian Institute of Superannuation advises people – Don’t panic! People do not need more than $1 million dollars to fund retirement.
The information provided in this page is general in nature and does not constitute personal financial advice. The information has been prepared without taking into account your personal objectives, financial situation or needs. Before acting on any information you should consider the appropriateness of the information with regard to your objectives, financial situation and needs. You should seek independent advice from your financial adviser before making any decisions.
AUSTRALIAN MORTGAGE AND FINANCIAL ADVISERS (AMAFA)
Phone: 07 3378 2056
Fax: 07 3378 2069