How much money is enough for retirement?

By far one of the number one questions we get asked at Financial Edge Group is ‘how much money is enough?!’.

How much do I need in super? Once I reach X, Y or Z goal, will everything be ok? Unfortunately, there’s no right answer!

Not only is there no magic number, but there have been studies around the world that show billionaires are no happier than millionaires, and millionaires are no happier than the average Joe – wealth doesn’t always equal happiness in life.

So when looking at what amount you need to retire, it’s not about a specific number on a page or measuring your wealth to a specific ‘standard’ – it’s about matching your wealth to what your needs are.

Happiness in life comes down to enjoying the things that are most important to you – and that’s where financial planning comes in – we get you to a place where you can financially meet your needs with the dollar figure in the bank, so you can focus on those important things stress-free, whatever they are for you.

Having certainty around your finances and your future is what we like to focus on here at Financial Edge Group, so if you’d like some help figuring out what that might look like for you, reach out for a chat today.