S.A. COMMUNITY ENTERTAINMENT

www.sacoment.com for S.A. Events, Bands, Choirs, Orchestras & More

Menu

Skip to content
  • COMING EVENTS
  • MUSIC GROUPS
    • BRASS BANDS
    • CONCERT BANDS
    • ORCHESTRAS
    • CHOIRS
    • VARIOUS GROUPS
    • VACANCIES
  • ADELAIDE EISTEDDFOD
    • ABOUT ADELAIDE EISTEDDFOD (AES)
    • ADELAIDE EISTEDDFOD RESULTS
    • ADELAIDE EISTEDDFOD & OTHER EVENTS
    • ADELAIDE EISTEDDFOD ARCHIVES
      • 2016 AES ARCHIVE
      • 2015 AES ARCHIVE
      • 2014 AES ARCHIVE
      • 2013 AES ARCHIVE
      • 2012 AES ARCHIVE
      • 2011 AES ARCHIVE
      • 2010 AES ARCHIVE
      • 2009 AES ARCHIVE
      • 2008 AES ARCHIVE
      • 2007 AES ARCHIVE
      • 2006 AES ARCHIVE
  • MUSIC RESOURCES
  • S.A.
    • S.A. ACTIVITIES
    • S.A. VENUES
    • S.A. COMMUNITY MUSIC FESTIVAL
  • REUNIONS
    • REUNIONS
    • RETIREMENT BUDGETS
    • GENEALOGY
  • TRAVEL
    • TRAVEL
    • E-BIKES
  • BLOG
  • CONTACT
    • CONTACT
    • ABOUT
    • EVENTS ARCHIVES
      • 2017 EVENTS ARCHIVE
      • 2016 EVENTS ARCHIVE
      • 2015 EVENTS ARCHIVE
      • 2014 EVENTS ARCHIVE
      • 2013 EVENTS ARCHIVE
      • 2012 EVENTS ARCHIVE
      • 2011 EVENTS ARCHIVE
      • 2010 EVENTS ARCHIVE
      • 2009 EVENTS ARCHIVE
      • 2008 EVENTS ARCHIVE
      • 2007 EVENTS ARCHIVE
      • 2006 EVENTS ARCHIVE
      • 2005 EVENTS ARCHIVE
      • 2004 EVENTS ARCHIVE
      • 2003 EVENTS ARCHIVE

RETIREMENT BUDGETS

Last updated : Monday, February 6, 2017


These Budgets were researched by Westpac & Assoc. Super Funds Aust.
More details : ASFA
. . Note that these results are usually calculated in June the previous year.
. . They assume the Retirees own their home and apply to major Capital Cities.
ASFA 2003 research figures are Modest Single $16930, Couple $23550, Comfortable Single $32800, Couple $43350.
ASFA 2006 research figures are Modest Single $17826, Couple $24930, Comfortable Single $34560, Couple $46192.
ASFA 2008 research figures are Modest Single $18742, Couple $26339, Comfortable Single $36319, Couple $46648.
ASFA 2009 research figures are Modest Single $18838, Couple $27478, Comfortable Single $36906, Couple $50663.
ASFA 2010 research figures are Modest Single $21132, Couple $30557, Comfortable Single $39302, Couple $53729.
ASFA 2012 research figures are Modest Single $22585, Couple $32555, Comfortable Single $41186, Couple $56339.
ASFA 2014 research figures are Modest Single $23363, Couple $33664, Comfortable Single $42433, Couple $58128.
ASFA 2015 research figures are Modest Single $23695, Couple $34090, Comfortable Single $43184, Couple $58915.
Note . . 2015 now stipulates “Couple” & “Single Female” & “Retirees 65-85” & ASFA has over 85 figures.

Modest : Better than the Age Pension but fairly basic.
Comfortable : Older, healthy Retiree, broad range of leisure & recreational activities and household goods, private health insurance, reasonable car, good clothes, range of electronic equipment, domestic and occasional international travel, ability to update room/s, some wine, occasional eating out, magazines and cd’s. Males are slightly cheaper in retirement due to lower clothing and hairdressing costs.
Yearly costs at 2010 : Water & Sewerage up 12.8%, Electricity up 6%, Property rates & charges up 6.2%.

Items & Costs at 2015
Retirees 65-85
Modest
Single Female
Modest Couple Comfortable
Single Female
Comfortable Couple
Housing (Ongoing) $73.78 $70.44 $85.05 $98.59
Energy $41.04 $54.51 $41.65 $56.48
Food $77.42 $160.38 $110.60 $199.09
Clothing $17.78 $28.86 $38.48 $57.72
Household Goods & Services $27.20 $36.88 $76.51 $89.63
Health $42.41 $81.84 $84.13 $148.49
Transport $92.62 $95.24 $138.02 $140.64
Leisure $75.81 $112.94 $229.73 $314.82
No Personal Care

No Gifts, Alcohol,Tobacco

Communications inserted $8.74 $15.29 $24.01 $30.56
Total per Week $456.39 $656.38 $828.19 $1136.02
Total per Year 2015 $23695 $34090 $43184 $58915

Items & Costs at 2012 Modest Single Modest Couple Comfortable Single Comfortable Double
Housing (Ongoing) $60.77 $58.34 $70.43 $81.65
Energy $40.45 $53.72 $41.05 $55.67
Food $74.83 $154.99 $106.89 $192.41
Clothing $18.19 $29.53 $39.38 $59.06
Household Goods & Services $26.29 $35.64 $73.95 $86.63
Health $36.96 $71.34 $73.34 $129.43
Transport $94.01 $96.67 $140.10 $142.76
Leisure $72.19 $107.56 $218.77 $299.80
No Personal Care

No Gifts, Alcohol,Tobacco

Communications inserted $9.45 $16.54 $25.97 $33.06
Total per Week $433.14 $624.35 $789.88 $1080.47
Total per Year 2012 $22585 $32555 $41186 $56339

Items & Costs at 2009 Modest Single Modest Couple Comfortable Single Comfortable Double
Housing (Ongoing) $68-52 $70-86 $91-01 $93-35
Energy $12-58 $14-99 $13-77 $16-18
Food $76-22 $152-62 $144-17 $202-80
Clothing $10-05 $23-98 $24-18 $53-53
Household Goods & Services $49-64 $52-56 $88-19 $93-31
Health $12-80 $24-12 $53-91 $106-03
Transport $71-89 $72-67 $109-70 $110-49
Leisure $45-49 $75-30 $145-51 $208-89
Personal Care $15-10 $41-34 $15-10 $41-34
Gifts, Alcohol, Tobacco . . $24-19 $48-38
Total per Week $362-27 $528-43 $709-74 $974-29
Total per Year 2009 $18837-96 $27478-39 $36906-24 $50663-03

Items & Costs at 2003 Modest Single Modest Couple Comfortable Single Comfortable Double
Housing (Ongoing) $56-20 $58-10 $74-60 $76-50
Energy $10-30 $12-30 $11-30 $13-30
Food $58-60 $117-40 $110-90 $156-00
Clothing $15-10 $26-10 $31-90 $58-20
Household Goods & Services $47-90 $50-70 $85-20 $78-30
Health $9-90 $18-70 $41-80 $82-20
Transport $62-50 $63-20 $95-40 $96-10
Leisure $43-30 $71-70 $138-60 $199-00
Personal Care $21-80 $34-80 $21-80 $34-80
Gifts &/or Alcohol, Tobacco . . $19-20 $38-40
Total per Week $325-60 $452-90 $630-70 $833-60
Total per Year 2003 $16930 $23550 $32800 $43350

The Senior. Lots of info including finance, travel, health, etc.
Fifty Stats of Grey. Interesting facts including : In Australia the 55-75 age bracket held the greatest assets and greatest net worth ranging from $473,000 -$823,000.
In the last decade, older Australians captured most of the growth in Australia’s wealth.
75-79 year olds are now more likely to drive than 25-29 year old.
Baby boomers will dominate the travel market for the next 10-15 years.

Super Funds investing in Infrastructure. Electricity or other ? Interesting ?

Widgets

Recent Posts

  • BLOG

Recent Comments

    Archives

    • June 2016

    Categories

    • Uncategorized

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    Hosted by Aussie Web Design

    Proudly powered by WordPress | Theme: Illustratr by WordPress.com.