Episode 122: The Cost of a Comfortable Retirement
The Association of Superannuation Funds of Australia (ASFA) provides numerous resources for the superannuation industry and the general public.
Each quarter ASFA provides a comprehensive breakdown of expenses for both a 'comfortable' and 'modest' lifestyle in retirement.
Ross Clare is the Director of Research for ASFA and discussed how the Retirement Standard is complied and what is included. He also outlined how the past 12 months cost of living pressures have impacted these costs for retirees.
Super Guru website https://www.superguru.com.au/
ASFA Retirement Expenditure Breakdown
https://bit.ly/3rH7SwU