Is there a rule of thumb for how much to save into your pension for retirement?

So, we did the math and found that most people will need to generate about 45% of their retirement income (before taxes) from savings. And saving 15% each year, from age 25 to age 67, should get you there. If you are lucky enough to have a pension, your target savings rate may be lower.

How much do I need to retire on $100000 a year in Australia?

The amount of money you need to retire on $100,000 a year in Australia will depend on when you retire, whether you are a member of a couple (for Age Pension purposes) and whether or not you want to take into account the Age Pension or not.
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	Retire on $100,000 per year
Money Lasts 40 years	$2.60M

What is a good net worth at 70?

Median Value of Assets for Households by Age

Age of Householder	Median Net Worth
45 to 54 years old:	$125,400
55 to 64 years old:	$194,800
65 to 69 years old:	$236,900
70 to 74 years old:	$302,300

How much money does the average 75 year old have in savings?

Average savings by age

Age	Median Balance of Accounts	Mean Balance of Accounts
45 to 54	$5,620	$48,200
55 to 64	$6,400	$55,320
65 to 74	$8,000	$57,670
75 and older	$9,300	$60,410