Subscribe Sign in

I'm planning to retire with $1 million in superannuation. How much passive income can I earn?

1 min read Rewritten in plain language

Dividend InvestingSuperannuation

Show what we removed Rules applied: A1×2 A3 D2×8 D3×7 D4×8 E3×18 F2×5 all 30 rules
  • Retiring with $1 million in superannuation to support a comfortable retirement is a great goal.
  • We'll look at a few of those quality ASX 200 dividend stocks below, as well as calculate how much passive income you might expect to receive from that $1 million in superannuation.
  • The S&P/ASX 200 Gross Total Return Index has gained 42.2% over the past five years.
  • If you were to invest the same amount into each of the above ASX 200 dividend stocks, you could then expect a yield of 4.8%.

4 sentences from our version of the report, chosen to cover it. Nothing here is written; every line is in the article below. How

If that is the case, it could enable you to invest the full $1 million in quality S&P/ASX 200 Index dividend stocks. We'll look at three ASX 200 dividend stocks to give you some idea of the yield you might receive from that superannuation investment.

Headline check

The one thing this headline claims is in the report.

Figures, names and quoted words in the headline, looked for in the report itself — not in the summary above. One claim in this headline could be checked, so this is a narrow pass and not a thorough one. How this is checked

PIIGS Mk 4 map
PIIGS Mk 4 map The original uploader was Snow storm in Eastern Asia at English Wikipedia . / Wikimedia Commons, CC BY

Retiring with $1 million in superannuation to support a comfortable retirement is a great goal.

As for how much passive income you can earn from that $1 million balance, that will, of course, depend on the yield that you're earning.

If not, it's generally not advisable to invest all of your superannuation into the stock market.

We'll look at a few of those quality ASX 200 dividend stocks below, as well as calculate how much passive income you might expect to receive from that $1 million in superannuation.

The idea behind this $1 million superannuation investment is to earn an annual passive income stream without drawing down on the balance. You'll also want to at least match inflation levels to ensure the real income you're earning isn't eroded over time.

The S&P/ASX 200 Gross Total Return Index has gained 42.2% over the past five years.

We'll look at three ASX 200 dividend stocks to give you some idea of the yield you might receive from that superannuation investment.

If you were to invest the same amount into each of the above ASX 200 dividend stocks, you could then expect a yield of 4.8%.

Shortened to 1 minute of reading, this version reads 15.6 on the Niral Score.

You are reading our version, not theirs. This is The Motley Fool Australia's report shortened to its most important sentences, in plainer words, with verdicts and loaded words taken out. Plain description stays, and so do adjectives that carry a fact, such as "former" or "federal". The reporting, the facts and the quotations are theirs — quotations are never edited — and the indicators beside it measure this version. Hover or tap Adjectives to see every one left in the text.

How this outlet filed it, and how we rewrote it

No other newsroom we read has filed on this event, so there is nothing to compare it with yet.

Outlet Niral ScoreAdjectivesSentimentHappiness
The Motley Fool Australiaas they published this story 18.1 19 -0.1 53.2
Mundane Readneutralized from The Motley Fool Australia 15.9 17 -0.1 53.2

Sign in to react.

Comments

Nothing here yet.

Sign in to comment.

Questions

Readers can ask a question about this story here. Questions and answers are for subscribers. Sign in to read them.

Comments are read before they appear where anything in them needs a person to look. Nothing posted here is ever deleted; a comment taken down keeps its text and the reason, so the decision can be looked at again. How this works