An expert is backing a recent recommendation that retirees need a decent amount of money to top up their superannuation. 

New Expenditure Guidelines have found less than $500 thousand in savings is enough for most over-65s.  

Superannuation and Super Fund expert Jonathan Eriksen told Roman Travers a nest egg is required to top up superannuation. 

He says Massey University's half a million dollar figure is right, adding if people want a bit more luxury for holidays, a million is probably needed. 

LISTEN ABOVE