ASFA Retirement Standard
Since 2004 The ASFA Retirement Standard has served as Australia’s trusted retirement savings companion, providing a comprehensive breakdown of expenses for both a comfortable and modest lifestyle, for couples and singles to maintain a healthy, vital and connected lifestyle in retirement. It also estimates the superannuation balance required to achieve this.
ASFA Research and Resource Centre has created two separate documents to reflect the above information; the Detailed Retirement Expenditure Breakdowns estimating the weekly/annual expenses in retirement (with figures updated quarterly), and the ASFA Retirement Standard Explainer outlining the lump sums needed at retirement and how this is calculated.
