1. Results from Traditional Strategies:
ASFA Westpac Retirement Standard 2011
Assuming you own your own home…
“Modest Lifestyle”
Couple: $508p/wk & $26,000p/a
“Comfortable Lifestyle”
Couple: $900p/wk & $49,000p/a

2. Who’s excited???!!!!
maximum single rate age pension is currently $11,772 per year ($19,656 for a couple).
men see an average superannuation payout of about $198,000 on retirement, women pocket around $112,600 (Federal MP Kate Ellis – Minister for Employment, The Australian, 14/11/11)
Only 20 per cent of men and 11 per cent of women had $100,000 or more in their super account (ABS, 2007)
The survey of 15,000 people found the average income of Australian retirees was $1,917 a month (The Retirement Scope Survey, AXA, Jan 2008)

3. SO WHY IS IT CALLED SUPER?
Annual Income (Tax-Free Income from Super)
Lump Sum Needed if Money Runs Out at Age 87
Lump Sum Needed if Money Runs Out at Age 100
$50,000
$760,000
$970,000
$55,000
$835,000
$1.07 million
$60,000
$910,000
$1.17 million
$80,000
$1.25 million
$1.56 million
$100,000
$1.55 million
$1.95 million
$150,000
$2.27 million
$2.92 million
$200,000
$3.03 million
$3.88 million
Super Guide, August 2011