RESOURCES
Since 2004, the ASFA Retirement Standard has been a trusted guide for Australians, detailing the costs of a comfortable or modest retirement for singles and couples, along with the superannuation needed to support these lifestyles.
Do you have enough savings for retirement? If not, how can we help you plan for the lifestyle you want?
The Association of Superannuation Funds of Australia's (ASFA) estimate of how much money you'll need in retirement, depending on your lifestyle.
ASFA’s ‘modest’ retirement standard offers a lifestyle slightly better than the Age Pension, covering basic health insurance and occasional exercise, leisure, and social activities.
‘Comfortable’ retirement standard supports a good quality of life for retirees, covering daily essentials like groceries, transport, and home maintenance. It includes private health insurance, leisure activities, occasional dining out, and staying connected with loved ones through technology. It also allows for an annual domestic trip and an international trip every seven years.
The lump sum you need for retirement at age 67
The ASFA Retirement Standard Explainer shows how much money Australians need for a modest or comfortable retirement, whether single or part of a couple. It assumes retirees will use all their savings and receive a part Age Pension.
How much super should I have today?
How is your retirement tracking?
