How much super do I need to retire in Australia?
To enjoy a comfortable retirement, AFSA suggests that single people will need $595,000 in super savings at age 67, and couples will need $690,000. But your own individual goal will depend on your other income streams and personal situation.
Carry forward concessional contributions
If you’re looking for ways to potentially increase your retirement savings while reducing tax, carry forward concessional contributions could be a good option.
Protecting retirement income from inflation
Looking forward, retirees need a portfolio that is protected from inflation risks so that they don’t experience another cost of living crisis when inflation has another upturn.
Reserve Bank cuts interest rates by 0.25 percentage points in August in unanimous decision
The Reserve Bank has delivered its third interest rate cut of 2025, with a 0.25 percentage point reduction at its August board meeting. That takes the cash rate to 3.6 per cent for the first time since April 2023.