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