SMH ·general ·4 hours ago

How to calculate your ‘magic retirement number’

Experts warn that the concept of a 'magic retirement number' is a misconception. Instead, retirees should focus on the income they desire and consider expenses like travel and healthcare, as spending can shift over time. Aware Super research indicated that nearly one-third of Australians delay applying for the age pension, losing an average of $18,000 in benefits.

Summary by Glance · SMH

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