2M in ETFs Would That Be Enough to Retire

Let's say one has $2,000,000 on etfs and you use the 4% rule - do you think this would enough in Australia these days?

Most end up with 500-600k on super at retirement so in my calculations 2m should do the job?

Comments

  • +1

    I don't get people the can't retire and do their hobbies all the time. To do it while you are young is even better

  • -1

    If you have kids you should want a lot more than that, unless you want to see them all struggle to not own a house most of their lives.

  • You should have millions in super by the tme you retire.

    People retiring now have only had super for 33 years and orginally was alot lower.

    You have had 10%+ your whole working life.

    People should not need the pension at all.

    • -4

      Not everyone makes it to retirement so it's pointless to just think "wow 10% every year i'll have 10m at 67 when i can't even function normally" or dead before retirement so what's the point

      • +2

        Your post was about retirement.

        You only need funds to last from retirement to 60 outside of super

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