You’re young, you don’t need to worry what your retirement will look like. That’s ‘Future Yous’ problem. Except … except there are things you can do now that will make a stratospheric difference to how much money you will have when you retire, because do you know what the maximum age pension is for retirement? $22, 805 a year for singles. That’s around $440 a week. Could you live off that?

We asked a 28-year-old to do exactly that. She’s not happy with us.

Weekly Expenses:

Sunday

Total spend: $100

"At 28 (Nicolle right), retirement is literally the last thing on my mind." (Image: Supplied)

Monday to Thursday

Total spend : $0

Friday

Total spend: $378

Financial planner Canna Campbell shares how you can save on your weekly grocery bill(post continues after audio).

Saturday

Total Spend: $120

"$120 for a day/night out is pretty good!" (Image: iStock)

The results are in...

Weekly spend: $831

Over budget: $391

Had I not had my ‘tooth’ emergency, I would have only spent $41 more than I was entitled to. However, it also would mean that I wouldn’t have; a mobile phone, wifi, netflix, healthcare or a gym membership. With the cooler weather setting in I wouldn’t have been able to buy a new coat, or pair of boots - or anything really. $440 hardly pays for the essentials.

Nicolle with her two Nannas. (Image: Supplied)

What do you think, could you live off $440 per week? And would you be able to lead the lifestyle you want?