Is 1 Million Dollars Enough for Retirement in Australia?

Is 1 million dollars enough for retirement? In this video I'll show the retirement income you can achieve with one million dollars, depending on the age you decide to retire.

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► How Much Super Do You Need to Retire At 60: https://bit.ly/3dzy1E1

⏱ Timestamps
00:00 – Is Million Dollars Enough for Retirement?
01:14 – How Much Do You Need for a Comfortable Retirement?
03:14 – Annual Income Retiring at Age 60
04:51 – Annual Income Retiring at Age 65
05:16 – Annual Income Retiring at Age 67
06:09 – 2 Ways That You Can Retire Sooner

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-- How Long Will 1 Million Last In Retirement? --

So the key to determining if one million dollars is enough for retirement is understanding how much income YOU need each year. Is it $50,000, $60,000, $80,000? Once you know this, the information in this video becomes more relevant.

You see, in this video, I will reveal a range of retirement incomes that you can achieve with one million dollars based on the age you decide to retire. You can then use these numbers to determine whether the income is enough to cover YOUR expenses in retirement.

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DISCLAIMER: The SuperGuy website and SuperGuy YouTube channel contains general advice only. It is not personal advice as it does not take your specific needs or circumstances into consideration. Therefore, you should look at your own financial position, objectives and requirements and seek personal financial advice before making any financial decisions.

General advice is provided by Toro Wealth Pty Ltd trading as SuperGuy Retirement Experts as an Authorised Representative of Core Value FA Pty Ltd (AFSL 480387).


Before acting on any information, you should seek professional advice and verify our interpretation/s before relying on the content or calculators within this website or on the videos, while also considering its appropriateness in relation to your personal situation.