Single retirees with $500,000 in assets can still get the pension. Here's how much

Résumé détaillé

We work out how much pension a retiree with $500,000 in assets would receive. The post Single retirees with $500,000 in assets can still get the pension. Here's how much appeared…

So, you've put in a lifetime of work and it's time to hang up your boots.

You've got $200,000 worth of ASX shares, $50,000 in cash savings, and $250,000 in superannuation.

If we assume the average FY26 dividend yield of 4.23%, your ASX shares will deliver $8,460 in annual passive income.

Your cash savings should be earning about 5.5% these days, so that will bring in another $2,750 per year.

Balanced options delivered an average 7.6% return in FY26, according to Chant West, so let's base our assumptions on that.

A 7.6% return on $250,000 would give you $19,000 in income and capital growth, which you can withdraw if you wish.

Altogether, that gives you about $30,210 in passive income per year to fund your retirement.

A 'comfortable' retirement currently costs $56,166 for single retirees who own their own homes.

A 'modest' retirement costs $36,548 per year for single homeowners, or $51,418 per year for non-homeowners.

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