SUPER

GQ (Australia) - - GQ INC. -

A slew of vari­ables ex­ist – and, while some in the fi­nan­cial sec­tor point to a nec­es­sary gross lump sum of $1m, Su­per­an­nu­a­tion Funds of Aus­tralia (ASFA) has a few ideas on the min­i­mum you should be aim­ing for (see above), if not help­ing out with some size­able per­sonal top-ups. Ul­ti­mately, ASFA es­ti­mates that cou­ples will need $640,000 or more to support a ‘com­fort­able’ re­tire­ment life­style, or $545,000 for sin­gles. So, if those num­bers seem big and scary, it’s time to sort out your super.

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