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What is the ASFA Retirement Standard?
The ASFA Retirement Standard benchmarks the annual budget needed by Australians to fund either a comfortable or modest standard of living in the post-work years. It is updated quarterly to reflect inflation, and provides detailed budgets of what singles and couples would need to spend to support their chosen lifestyle.
Ever wanted to know what they were talking about when they mentioned this subject?
Well these articles have all the answers for you.
Please click here to read about the ASFA Retirement Standard
If you want to know what type of spending if required to reach these numbers please click here to see the budget breakdown of spending.
source: ASFA Research and Resource CentreASFA Research and Resource CentreThe Association of Superannuation Funds of Australia
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