Quote Originally Posted by fungus pudding View Post
Definitely, but I challenge the figure of 785k. I know several people in their late 60s or 70s with nowhere near that amount, but quite comfortable in retirement.
Totally agree. My parents have way less than the 785K, but have a home without mortgage. They can get by on super if they have to. Dad even has a yacht that is moored at a marina although he does still work a bit to pay for the costs.
If you have a home with no mortgage and the rates are not too high, you can live off super. If you have any savings, then things are quite comfortable.