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FULL GUIDE: How to Make $100k Per Year in Retirement.

Wattle Partners

23,332 views

Can you retire on $100k per year? In this video we break down exactly how to do it, and how much you need!

If you need help in planning or accelerating your retirement, you can schedule a free meeting with Drew or one of our other licensed Financial Advisers here: https://www.wattlepartners.com.au/con...

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The contents of this podcast and video are general financial advice only. That means the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice.

20 Comments

@wattlepartners Creator 10 months ago Pinned

If you need help in planning or accelerating your retirement, you can schedule a free meeting with Drew or one of our other licensed Financial Advisers here: https://www.wattlepartners.com.au/contact

@fishfullness 10 months ago

It's very tricky trying to work out your likely spending habits as you age. I have watched my mum and her cohort slow down to the point where in their mid 80s only the very fittest are still travelling overseas. Most are happy doing small local trips and as a result their spending needs shrink. I have always tried to factor in health expenditure increasing as I get older but that is either incredibly difficult to predict or the figures that come out in some of the worst case scenarios are so horrific that you simply cannot plan to cover them all - that's where aged care packages and the government pension kick in - you get to the point where your money is just to provide a small treat occasionally - sad but true.

@AfroHouseMagpie 10 months ago

4:08 dreaming if you think the average life expectancy is mid 90s

@L0000NEY 10 months ago

Thank you for the video, this is the sort of info that people need without all of the obscurity. $2.2m to live off $100k for 40 years, that's the basic things people want to hear.

@mesketh 10 months ago

Great video again. Not sure I would agree that a lot of ppl are living into their 90s. Some are, most aren't.

@markfrombriz 7 months ago

The wattle videos are pretty much the best retirement information for Australians

@mattivation_inc 10 months ago

Thanks again for these insightful videos.

@andretaylor1969 10 months ago

Great video. Lots of helpful content for Australians.

@ChilliPepper-n2b 10 months ago

Biggest errors in the the free calculators is that they assume your expenses grow inline with inflation every year. As if a 75-85 year old spends the same as a 60-70 year old. In reality post 65 expenses increasingly drop each decade. Ignoring the pension is another big error in working out your number. Ignoring home equity is another error.

@shane0traveller451 10 months ago

Awesome

@fishfullness 10 months ago

"Most people are living until their mid to late 90s" ??? Maybe for people born today - but certainly not for those currently in 'retirement age' ?

@docshafta1642 10 months ago (edited)

retiring today and living for another 30-40 years = NO GO!
(ABS stats will confirm this - [and yet no URL links]! = research)
I'm 60 and I retire today, life expectancy = 80.4. no one needs the $$$ that is being suggested.
(Edit) PS: my Super is all in GROWTH! - on that we agree.

@iamkanga 10 months ago

Hey Drew. Thanks for the videos mate. But if I might make the suggestion that you ditch the green screen and find a decent backdrop to film in. Keep up the good work. 🙏

@Gpoph 10 months ago

Money is the stress of everyone yet when in the deathbed is the least important thing. It's a con. Spend less drop the marketing is way way more powerful

@karkybibek 10 months ago

I will live in cheap place like bali when i retire. We are too expensive. I dont have much in my super so i wont be able to survive cost of living.

@marjan8888 10 months ago

My home insurance has jumped to 3 k alone and I don’t live anywhere fancy .100 k will not be enough .

@stevenponte6655 10 months ago

If in your example you were only spend $80k/year (i.e. 4% rule, $2m, at %4 effectively) would that ensure that you would never run out of money?

@craig3251 10 months ago

what about a dividend paying stock portfolio? 2 mill at 4% is $80,000 a year.

@Peterxrwt 10 months ago

Life expectancy assumptions are optimistic so estimated capital requirement is an understatement

@af7567 10 months ago

My super is on overseas index all the times. The growth is tremendous. The volatility is just part of the game but it outgrowth in the long run to any other assets