Many Australians have been told they will need more than $1 million in super to retire, but we've found the sweet spot which means you only need $275,000.
Australians have more than $2 trillion invested in superannuation, and have forked out more than $230 billion in fees over the past decade, according to new research.
With the focus on accumulating super, what actually happens in retirement is an afterthought. So are account-based pensions really suitable for everyone?
It would take 15-year-old Fletcher Taylor hours of work on the family farm earn $1000 for his super fund. But Fletcher's work ethic has won him a $1000 super contribution.
Superannuation fund returns continued their eight-year bull run in April, with the median balanced option return posting 1.4% and bringing the financial year to date return to 10.0%.
Energy Super gives members discounts on health insurance, banking services, general insurance, electricity, telco services, travel insurance and training courses.
This $10 billion fund was custom-built to work with Australia's motor trades and associated industries, and was one of the first in Australia to have publicly available whistleblower and conflicts of interest policies.
You'll now receive new articles and insights that will help you earn more, save more and make the most of your investments.
You can expect to hear from us every week.
In the meantime, stay up to date by following Money on social media.
Important
To ensure you receive emails from us, we recommend that you add our email address (@moneymag.com.au) to your contacts or safe senders list.
If you don't receive our newsletters, please check your "Junk" folders. Your email provider should give you an option to add the email to your safe list.