Comments on: Superannuation: What percentage of your income should you save for your retirement? http://www.quinns.com.au/blog/2010/06/02/superannuation-what-percentage-of-your-income-should-you-save-for-your-retirement/ Thu, 17 May 2012 13:27:40 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: Chris Hooper http://www.quinns.com.au/blog/2010/06/02/superannuation-what-percentage-of-your-income-should-you-save-for-your-retirement/comment-page-1/#comment-993 Chris Hooper Sat, 12 Jun 2010 02:25:30 +0000 http://www.quinns.com.au/blog/?p=853#comment-993 This is an absolutely great table. I've always wondered what the right amount is. I am currently putting 30% of my gross salary into superannuation. I'd put in more but I'd have excess contribution issues. 30% should be sufficient for me as I am only 23. That said I plan on retiring early, living until I am 120 and having some money left over for the kids. I think the only way I can pull this off is by by accumulating enough superannuation, so that I can live off of the income alone, without touching the capital. This is an absolutely great table. I’ve always wondered what the right amount is. I am currently putting 30% of my gross salary into superannuation. I’d put in more but I’d have excess contribution issues. 30% should be sufficient for me as I am only 23. That said I plan on retiring early, living until I am 120 and having some money left over for the kids.

I think the only way I can pull this off is by by accumulating enough superannuation, so that I can live off of the income alone, without touching the capital.

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