is 2mill cash enough for 20years, page-4

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    Frac, I recall many years ago (early 90's) when I was at a Super presentation and the question about the amount of yearly super income was required for retirement.

    The presenter replied that $43k p/a was the minimum for a couple which bemused me because I wasn't even earning that amount with a family, mortgage and one income!


    Q. How much do you need to retire ?

    A. What lifestyle do you want in retirement, eg, business class holidays every year and new Merc every 3 years!

    Only you can answer your own question, but I would imagine that very few would have your level of Super when retiring.

    Good luck & enjoy your hard earned $$$
 
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