How much money do I need to retire?
Everyone wants to have some idea if they are on track for a comfortable retirement or if not, how far off are they?
Most people want to achieve a standard of living that is not too different or is better than the one they had when they were working.
This free eBook will help you understand the various ways to calculate the money you need to retire and what factors may influence how to get there.
By the end of the book, this is what you will know:
- How much money do you need to retire
- Some generic formulas to calculate how much income and capital you need in retirement
- The ASFA Retirement Standard – updated for the latest estimates
- Creating a personalised retirement profile
- What are the main factors that influence your retirement outcome
- Increased life expectancy & what this means for you
- Drawing up a retirement budget
- Calculating the required amount of capital
- Managing your retirement expectations
- Age pension entitlements & will you be eligible