A little less expensive than the US. Numbers are in Australian dollars.
How much to retire on? | The Courier-Mail
That's about 22K USD for a modest lifestyle. Quite reasonable, I think.
Nationally, a comfortable lifestyle in retirement will cost a couple $918 a week or $47,766 a year if they plan to retire at 65.
A modest lifestyle in retirement will require $595 a week or $25,780 annually, the study says. It's slightly more in Brisbane, where it will cost $48,062 a year for a comfortable couple or $26,013 for a modest couple.
How much to retire on? | The Courier-Mail
That's about 22K USD for a modest lifestyle. Quite reasonable, I think.
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