How much do you need?

Many people underestimate the amount of money they’ll need in retirement and what percentage of their retirement income will come from superannuation versus other investments. To get an idea of how much super you’ll need, start by defining your retirement goals. What kind of lifestyle will you want to lead? How will you want to spend your time? How long will you be retired for?

Once you’ve identified your goals, it’s easier to work out how much you’ll need to provide an appropriate retirement income. You can use our superannuation calculator to work out roughly how you’re tracking towards your superannuation goals.

To put a finer point on this figure and develop a financial roadmap for getting there, you can also use our online booking form to organise an initial, no-obligation consultation with a Commonwealth Financial Planner and start planning for a better life today.

• Important information
  This information is of a factual nature only and is not intended to constitute financial product advice. It has been prepared by Commonwealth Financial Planning Limited without considering your individual objectives, financial situation or needs. You should consider its appropriateness in light of your circumstances and consider seeking professional advice relevant to your individual needs before making a decision based on this information. Commonwealth Bank customers who wish to obtain information about retirement planning may do so by contacting a Commonwealth Financial Planner. Commonwealth Financial Planners are Representatives or Authorised Representatives of Commonwealth Financial Planning Limited ABN 65 003 900 169, AFSL 231139, a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124.