Australia's peak super industry body has revealed how much someone needs to retire comfortably as seniors see a slight, temporary relief in retirement costs.
A recent drop in petrol and electricity prices has seen the cost of retirement fall by 0.5 per cent this quarter, meaning seniors will have a little extra change for the Christmas season.
"The easing in short-term retirement budget pressures will be a welcome holiday gift for retirees at this time of year," Association of Superannuation Funds of Australia (ASFA) CEO Mary Delahunty said.
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