Thanks so much for your reassurance and suggestions. Calm mind and advice amidst a storm is greatly appreciated. Glad to hear there is improvement with your older pup.
In the Epic Retirement course I did, you were going to post these tables for retirement at 60 as well as 67, but we never got them. Is it possible to get the charts that show the safe spending for a couple/single who retire at 60.
a super balance of $650K at retirement may not be necessary, the sweet spot for the full age pension at 67 is $470K for homeowners. So the couples full pension can be added to that $470K in super at age 67, which would give about $78K a year to age 92 according to the moneysmart retirement planner calculator.
the pension is integrated in these calculations -- remembering they are calculated with 90% certainty -- perhaps the moneysmart calculator doesn't have that much certainty built in. That's something the Challenger team are robust at
Love these charts, never would l be able to work this out at 90% assurance, but more importantly it gives me a very clear look at the money l could spend (on holidays of course) if l keep working a couple of days a week after 67.
Thanks so much for your reassurance and suggestions. Calm mind and advice amidst a storm is greatly appreciated. Glad to hear there is improvement with your older pup.
In the Epic Retirement course I did, you were going to post these tables for retirement at 60 as well as 67, but we never got them. Is it possible to get the charts that show the safe spending for a couple/single who retire at 60.
Thanks
Hi Terry -- the calculations don't make sense as the age pension isn't in them.
I would love the tables too as are self funded
a super balance of $650K at retirement may not be necessary, the sweet spot for the full age pension at 67 is $470K for homeowners. So the couples full pension can be added to that $470K in super at age 67, which would give about $78K a year to age 92 according to the moneysmart retirement planner calculator.
the pension is integrated in these calculations -- remembering they are calculated with 90% certainty -- perhaps the moneysmart calculator doesn't have that much certainty built in. That's something the Challenger team are robust at
Love these charts, never would l be able to work this out at 90% assurance, but more importantly it gives me a very clear look at the money l could spend (on holidays of course) if l keep working a couple of days a week after 67.