|  | Your one point of access to surveys, research and reports for the Pensions ProfessionalSearching for: researcher is "the association of superannuation funds of australia (asfa)" Results 1 of 1. Fun in Retirement? | Fun in Retirement? | The Association of Superannuation Funds of Australia (ASFA) | 24 Jul 2009 | Australia | Worldwide News, Savings, Pensioners & Retirement, Countries - excl. European Union and US | According to figures released by the Association of Superannuation Funds of Australia (ASFA), the aggregate costs for a couple living comfortably in retirement were up 0.7% in the March 2009 quarter compared with the December 2008 quarter. In order to secure a 'comfortable' retirement, this means that couples need to spend $50,771 a year, while those seeking a 'modest' retirement lifestyle need to spend $27,547 a year. The cost of a 'comfortable' lifestyle in retirement was found to be up 2.6% from the March 2009 quarter.
More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jul 2009 or click here (this link will not work in all circumstances). For further information about Perspective click here. | 3148987C | | | |
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