How much is enough?

Experts are divided on how much super you will need to make the most of your retirement. The general consensus suggests that about 75 per cent of your final salary is the magic number. Of course, much will depend on your lifestyle.


However, the current 9 per cent compulsory Superannuation Guarantee contribution from your employer will probably not be enough for most retirees. To find out how much you will need to contribute to reach your ideal retirement income, visit Vanguard's retirement calculator.

 

Keeping your super together


The easiest way to manage your super is to consolidate it into one fund. You will only pay one set of fees and it will be simple to locate. Vanguard can help you in the consolidation process.

Click here to use our Super calculators.


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