How much superannuation do I need for retirement?

Superannuation, commonly known as “super,” is a vital component of retirement planning in Australia. It’s a system where employers pay a percentage of an employee’s earnings into a super fund, which then invests the money on behalf of the employee. The goal is to accumulate enough funds to provide financial security during retirement. Understanding how much superannuation you need for retirement involves considering various factors, including your lifestyle, health, and expected retirement age.

How much superannuation do I need for retirement?