The $400k super line that could define how comfortable retirement is | $400,000 superannuation wa…

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The $400k super line that could define how comfortable retirement is

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Retirees with a superannuation balance of under $250,000 could exhaust their savings within a decade of comfortable living, something that could have particularly dire consequences for women, new research has found.

The study from the Monash Centre for Financial Studies suggested that, amid market instability and a rise in both life expectancy and living costs, many retirees were facing difficult choices.

Associate professor Ummul Ruthbah, one of the authors of Comfort or Collapse: Why Balance Size and Design, Not Just Returns, Decide Retirement, said the report's findings were "sobering".

$400,000 superannuation warning as Aussie retirees risk 'exhausting' their savings: 'No chance'

Retirees with less than $250,000 in superannuation face a "high likelihood" of running through their nest egg within a decade if they live a comfortable lifestyle, new research has revealed. Longer life expectancy, higher living costs and market volatility mean many Aussie retirees are now facing difficult choices to ensure they don't outlive their savings.

But the size of your starting balance isn't the only factor that determines retirement outcomes, new analysis by the Monash Centre for Financial Studies found. Using Capital Market Assumptions, the study found the mix of equities and bonds, and the sequence of market returns in the first years of retirement were also key factors.

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