Financial Review

Can we retire comfortably on compulsory super alone?

 

Q: We are a couple aged 32. We’re about to buy our first home but don’t want to neglect our retirement savings. I earn $70,000 a year and my wife earns $250,000. How much super should we have by this stage in our lives, and can we reach a comfortable retirement relying just on compulsory super? I have $70,000 in super and my wife has $150,000. – Patrick

 

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Can we retire comfortably on compulsory super alone?

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