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Cost of retirement up in December quarter

The cost of retirement for Australians has gone up, with the increases in health insurance and domestic holiday prices, according to the Association of Superannuation Funds of Australia’s (ASFA) latest figures.

Cost of retirement up in December quarter
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  • Shared by SMSF Adviser
  • March 05, 2021
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The ASFA’s Standard December 2020 quarterly figures indicate that couples aged around 65 living a comfortable retirement need to spend $62,562 per year and singles $44,224, both up by 0.9 per cent on the previous quarter.

Read more at SMSF Adviser.

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