One of the most important financial planning decisions you’ll ever make is deciding if you have enough to provide adequate income to sustain your standard of living throughout retirement.
It can be tricky to calculate exactly how much money you’ll need for a comfortable retirement but here are the standard benchmarks of an annual budget needed by Australians to fund either a comfortable or modest standard of living in the post-work years. http://www.superannuation.asn.au/resources/retirement-standard
Modest vs Comfortable Retirement Lifestyle
Modest retirement lifestyle
Better than the Age Pension, but still only able to afford fairly basic activities.
Comfortable retirement lifestyle
Enabling an older, healthy retiree to be involved in a broad range of leisure and recreational activities and to have a good standard of living through the purchase of such things as; household goods, private health insurance, a reasonable car, good clothes, a range of electronic equipment, and domestic and occasionally international holiday travel.
So you can achieve a comfortable lifestyle, please feel free to email me at email@example.com for a complimentary discussion.