New data from Challenger Annuities showcases safe spending levels in retirement on a given super balance. As a quick summary, Challenger Technical team have released an updated guide on how much someone can afford in retirement. The data has been updated as of March 2024 and was provided to me by the head of technical services at Challenger, Andrew Lowe. For the full and deep-dive, please see their PDF document explainer here . In the 60 second video below, Andrew quickly summarised the importance of this safe spending data and how it can give confidence to clients.