Retirement Income Budget

The Association of Superannuation Funds of Australia (ASFA) has done research into how much income is required to live a comfortable lifestyle in retirement. ASFA's figures are averages which may not be appropriate for everyone. You can use the table below to set your own retirement income expectations.

*Recommended weekly budget
Your desired budget
Housing - ongoing only
$147.45
$
(*Recommended weekly budget: $147.45)
Energy
$38.56
$
(*Recommended weekly budget: $38.56)
Food
$145.97
$
(*Recommended weekly budget: $145.97)
Clothing
$28.64
$
(*Recommended weekly budget: $28.64)
Household goods and services
$86.74
$
(*Recommended weekly budget: $86.74)
Health
$116.81
$
(*Recommended weekly budget: $116.81)
Transport
$176.70
$
(*Recommended weekly budget: $176.70)
Leisure
$228.70
$
(*Recommended weekly budget: $228.70)
Communications
$22.88
$
(*Recommended weekly budget: $22.88)
Total per week
$992.45
$992.45
Total per year (rounded)
$52,000
$52,000
* ASFA comfortable standard for couple single homeowners (as at Jan 2025)