How Much Retirement Income Do I Need

The amount of income you’ll need when you retire depends on your large costs in retirement such as paying off your mortgage, rent, renovating your home, travel and medical costs. Also, the lifestyle you want in retirement.

If you own your own home, a rule of thumb is that you’ll need two-thirds (67%) of your pre-retirement income to maintain the same standard of living in retirement.

We spend 40+ years working to build an asset base to support us in retirement, in retirement we need that asset base to deliver 3 outcomes:

– Income generation, but not at the expense of capital loss,

– Growth of assets, but not risk losing all our savings,

– Certainty of outcomes,

… and do all this for an unknown number of years.

The Talaria Global Equity Fund (Managed Fund) can help achieve this through its lower market risk, lower volatility and high levels of consistent and differentiated income.