Friends With Money #122: Super by the numbers
How much money do you need to retire? It's a question we get a lot here at Money - I mean a lot!
The latest numbers are out from the Association of Superannuation Funds of Australia (ASFA) on how much you need in your super account to retire well.
This week on the Friends With Money podcast, Money's Michelle Baltazar speaks with Virgin Money Super's general manager, Christopher Sozou, about the facts and figures of retirement.
- Contributions vs earnings
- Is super a good investment nest egg?
- What's the magic number needed to retire?
- What if I don't own a home?
- Accumulation vs pension phase
- Where to get advice?
Check out these links for more:
*Our thanks to Virgin Money Super for sponsoring this podcast
**Figures quoted in the podcast are updated frequently on the ASFA website
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