Retirement in Australia. How much money do you need to retire in Australia? Does the pension provide all my retirement income? Is retirement in Australia easy? How much money per week do I need to retire in Australia? What about early retirement? Is Australia a good place for early retirement?

Chapters
0:00 How much do you need, to not go broke in retirement
0:10 Retirement in Australia
0:22 What is retirement?
0:37 What is retirement age?
0:54 What is the pension age?
1:09 Pension definition: social security
1:25 What age can you get your superannuation?
2:00 Retirement ages for me
2:10 Accessing your super before the pension
2:31 You can retire at any age
2:41 Retirement is when you no longer work
3:18 Retiring early
3:29 How do you declare that you're retired?
3:49 Written declaration to your super fund
4:01 What is super preservation age?
4:27 I will do a future video on superannuation
4:39 What are your sources of income in retirement?
4:49 Superannuation, social security, money from investments, money from savings
5:11 Money from work
5:21 What if I do need to work when I retire?
5:31 Can I get the pension if I work?
5:41 How much you can earn, before it affects your pension
6:14 How does work affect my super?
6:27 TTR: Transition To Retirement
6:40 What are the advantages of using TTR?
7:05 The downsides to using TTR
7:17 How much money should I retire with, to not go broke?
7:28 Average super balance by age
7:54 What you should have vs what people do have in super
8:07 How much do you need to retire?
8:33 A graph showing how much you'll need in retirement
8:43 The Association of Superannuation Funds of Australia
8:54 Retiring single vs a couple
9:08 How much money do I need to achieve the income recommendations?
9:30 The average Australia does not have enough superannuation
9:53 Recommended retirement amount is based on receive a part pension
10:03 What happens to my pension if I have the recommended amount of assets?
10:13 The maximum level of assets to keep the full pension
10:23 The government limits the pension based on assets
10:34 What's an asset?
10:50 Assets include everything, except for your primary residence
11:02 Non home owners can have more in assets
11:12 If you have the recommended amount of assets, you won't receive the full pension
11:22 Cut-offs for the part pension
11:31 What is the asset cut-off important?
11:42 Need to receive $1/week pension to get the health care card
12:01 How long are you going to live for?
12:19 How long am I going to live for?
13:36 How long will my super and pension last?
12:46 Retirement as a couple vs single
13:21 Disadvantages of being a couple
13:31 Rate of pension for singles vs couples
13:45 You need to research this further

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