How much do you really need to retire? It’s probably a lot less than $1 million
- Written by Angel Zhong, Professor of Finance, RMIT University
Every few months, someone in the superannuation industry declares that Australians now “need” around A$1 million to retire comfortably. It’s a big, scary number.
But consumer advocates say most people can retire with far less.
Independent estimates suggest something closer to $322,000 is enough for many retirees who own their own...





