If you’ve saved $750,000 in super by age 60, you’re already ahead of many Australians. But is it enough to stop working and maintain a comfortable lifestyle for the next 25–30 years?
In this guide, we’ll look at how far $750K can go, how your lifestyle affects its longevity, and how you can make smarter moves to get the retirement you deserve.
How Long Will $750K Last in Retirement?
Here’s an estimate of how many years your $750K super could last, depending on your spending:
| Annual Spending | Estimated Longevity |
|---|---|
| $30,000/year | ~30 years |
| $40,000/year | ~24–26 years |
| $50,000/year | ~20–22 years |
📉 Assumptions: 2.44% real return (inflation-adjusted), steady drawdown from age 60.
This means that even moderate to comfortable lifestyles are possible — especially when Age Pension begins at 67.
Graphic:
This Line Chart Depletion of $750K across 30 years under $30K, $40K, and $50K spending levels.
Sample Budget: What Life on $30K Looks Like
If you’re planning a modest retirement, here’s how $30K/year might be allocated:
| Category | % of Budget |
|---|---|
| Housing & Utilities | 22% |
| Food & Groceries | 18% |
| Healthcare & Insurance | 15% |
| Transport | 13% |
| Leisure & Travel | 10% |
| Personal Care | 8% |
| Communication & Bills | 7% |
| Buffer & Misc. | 7% |
Age Pension Support After 67
By age 67, most Australians qualify for some form of Age Pension, giving your super a much-needed boost:
- Single: up to ~$28,500/year
- Couple: up to ~$43,700/year
Your super doesn’t need to last forever — just long enough to get you into pension eligibility.
✅ Is $750K Enough to Retire at 60?
If you meet the following criteria, you may be well-positioned to retire comfortably:
- ✅ Own your home outright
- ✅ Can live within $30K–$40K/year
- ✅ Avoid high-cost lifestyle choices or early lump-sum withdrawals
- ✅ Plan to qualify for Age Pension
- ✅ Have a smart drawdown and investment strategy
You don’t have to be a millionaire — you just need a clear and confident plan.
Don’t Let These Mistakes Drain Your Super
- ❌ Overspending in early retirement
- ❌ Ignoring inflation and medical costs
- ❌ Failing to qualify for Age Pension
- ❌ Using generic or passive super fund allocations
Wealthlab Can Help You Make the Most of $750K
At Wealthlab, we help people like you build a future that’s not just “affordable” — it’s abundant.
Here’s how we support your retirement journey:
✅ Forecast your super’s lifespan
✅ Tailor your budget and lifestyle strategy
✅ Maximise your Age Pension eligibility
✅ Create inflation- and market-resistant plans
✅ Help you stretch your money further, for longer
You’ve done the hard work. Now it’s time to enjoy life — with a team that’s got your back.
👉 [Book your free consultation] with Wealthlab and let’s map out your path to a confident retirement.