What is considered a modest and comfortable retirement lifestyle for retirees?

 modest retirement lifestyle is considered better than the Age Pension, but still only able to afford fairly basic activities.

A comfortable retirement lifestyle enables an older, healthy retiree to be involved in a broad range of leisure and recreational activities and to have a good standard of living through the purchase of such things as; household goods, private health insurance, a reasonable car, good clothes, a range of electronic equipment, and domestic and occasionally international holiday travel.

Both budgets assume that the retirees own their own home outright and are relatively healthy.

2019 Sunnyside Accountants all right reserved

ABN 37 123 048 635

Liability limited by a scheme approved under Professional Standards legislation

Our standard engagement letter - Download here

Our privacy policy is strictly governed by Australian Privacy Principles per link

registered tax agent (corporate) number: 77678006