The Age-Old Retirement Question: How Much Do I Need?

This has been the lingering question for retirees – how much do I need on my super to retire comfortably? Do I have to rely on aged pension?

A study by Deloitte gives us an overview of how much retirees from the different generation group will get from their super upon retirement. According to the research, in order for a retired Australian to live a sufficient lifestyle, current male retirees need a total of $330,000 in superannuation to support themselves at $22,654 annually. For female retirees the numbers are slightly higher at $360,000. Living a comfortable lifestyle requires almost double those values, $590,000 and $660,000 for men and women respectively.

For Generation X, the numbers are promising. A 30 year old working on the annual average income of $60,000, the study forecasts that they will retire with $1.1 million in superannuation funds.

Read more about this on the Property Observer website.

The Age-Old Retirement Question: How Much Do I Need?

This has been the lingering question for retirees – how much do I need on my super to retire comfortably? Do I have to rely on aged pension?

A study by Deloitte gives us an overview of how much retirees from the different generation group will get from their super upon retirement. According to the research, in order for a retired Australian to live a sufficient lifestyle, current male retirees need a total of $330,000 in superannuation to support themselves at $22,654 annually. For female retirees the numbers are slightly higher at $360,000. Living a comfortable lifestyle requires almost double those values, $590,000 and $660,000 for men and women respectively.

For Generation X, the numbers are promising. A 30 year old working on the annual average income of $60,000, the study forecasts that they will retire with $1.1 million in superannuation funds.

Read more about this on the Property Observer website.

Investors Eyeing Warehouses

First it was houses. Now investors are eyeing warehouses to take advantage of the booming e-commerce industry.

Internet sales are forecasted to top $20 billion this year, investors are hoping to get a slice of this cake. E-commerce is shaping up to be a feasible model for trade and product distribution. This new class of distributors will help reshape the conventional logistics and industrial sector, with constant pressure to adapt to new changes in the industry.

More customers opt to do transactions over the internet than in person, and investors are diving in to help with the increasing demand.

Read more about this on the Sydney Morning Herald website.