Australians can use the power of the ASX share market to help them retire wealthy at age 57, or even earlier. It’s possible to create a lot of passive income from investments.

Superannuation is a great tool to save towards retirement. But what if someone wants to retire earlier than that? I think it’d be a good idea to invest outside of superannuation too.

Taxation can be an important factor, but every household has a different income and different tax situation, so I won’t talk about that side of things. I’m just going to look at how Australian investors can unlock gross passive income of $90,000 a year and retire by 57.

Regularly save and invest

Having cash to invest doesn’t just appear out of nowhere. Australians need to set some money aside, assuming their budget has the room to do so after paying for the essentials.

Essentially, we need to spend less than we earn and invest the difference. Of course, it’s a good idea to make sure we enjoy life during that period of wealth accumulation – life is not just about the money.

Every household has different finances, so it’s up to each Australian adult to figure out what they can save.

Investing those savings makes a big difference to how much the wealth grows to. For example, putting $1,000 per month under the mattress will turn into $120,000 after ten years.

If someone else invested $1,000 per month in the share market and it returned an average of 10% per year, it’d be worth $191,249 after a decade. After two decades of doing that, the balance would become $687,300. After three decades, it becomes an incredible $1.97 million.

Therefore, someone who’s 27 could start today and potentially have $1.97 million by 57 and retire.

Figure out what sort of investments to make

There are a number of ways for Australians and invest to build their wealth.

One of the simplest ways to build wealth is to invest in exchange-traded funds (ETFs) that give investors exposure to quality businesses from around the world, which I believe have a higher chance of delivering solid compounding earnings growth.

Some of my top choices for that investment exposure include Vanguard MSCI Index International Shares ETF (ASX: VGS), VanEck MSCI International Quality ETF (ASX: QUAL), Betashares Global Quality Leaders ETF (ASX: QLTY) and Global X S&P World EX Australia Garp ETF (ASX: GARP).

There are certain Australian companies that I also think could be excellent contenders to grow wealth over the long-term including Washington H. Soul Pattinson and Co. Ltd (ASX: SOL), Wesfarmers Ltd (ASX: WES) and L1 Global Long Short Fund Ltd (ASX: GLS).

The yield influences the portfolio size needed

The portfolio balance required to generate $90,000 per year depends on the dividend yield of the portfolio.

For example, if someone had a $2 million portfolio, it’d require a dividend yield of 4.5% to make $90,000 of annual passive income.

If the dividend yield was 3%, the portfolio would need to be $3 million in size.

With a dividend yield of 6%, the Aussie investor would need $1.5 million.

By choosing the right investments and regularly saving, an average Aussie can build a good amount of wealth and retire.

The post How much do I need to retire on $90,000 a year at 57? appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison has positions in L1 Global Long Short Fund Ltd, VanEck Msci International Quality ETF, and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Washington H. Soul Pattinson and Company Limited and Wesfarmers. The Motley Fool Australia has positions in and has recommended Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has recommended Vanguard Msci Index International Shares ETF and Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

For investors looking to generate passive income from the share market, there are plenty of opportunities among ASX dividend shares right now.

Here are three shares that income investors may want to consider.

Cedar Woods Properties Ltd (ASX: CWP)

The first ASX dividend share that could be worth considering is Cedar Woods Properties. This property developer has a growing portfolio of residential communities, townhouses, and apartments across Australia.

The company appears well positioned to benefit from Australia’s ongoing housing shortage and growing population, which could support demand for its developments. And with Cedar Woods reporting record presales of $830 million at the end of FY 2026, it has excellent visibility over future earnings.

Bell Potter is positive on the company and has a buy rating and $9.80 price target on its shares. As for income, it is forecasting fully franked dividends of 44 cents per share in FY 2027 and 47 cents in FY 2028. Based on its current share price of $5.90, this would mean dividend yields of approximately 7.5% and 8%, respectively.

Eagers Automotive Ltd (ASX: APE)

Another ASX dividend share that could appeal to income investors is Eagers Automotive.

It is Australia’s largest automotive retailer, operating an extensive network of dealerships selling new and used vehicles, alongside servicing, parts, and finance products.

Its scale and diversified operations provide opportunities to improve efficiency and support long-term earnings growth.

Eagers is also expanding internationally, with its recent investment in Canada’s automotive retail market providing another potential growth opportunity.

Bell Potter is bullish on Eagers Automotive and has a buy rating and $27.50 price target on its shares.

With respect to income, the broker estimates that it will pay dividends of 76 cents per share in FY 2026 and 82 cents in FY 2027. Based on its current share price of $18.08, this would mean dividend yields of 4.2% and 4.5%, respectively.

Rural Funds Group (ASX: RFF)

A final ASX dividend share worth considering is Rural Funds Group.

This agricultural property company owns a diversified portfolio of farmland across Australia, including cattle properties, vineyards, and orchards.

Rather than relying on agricultural production, Rural Funds generates the majority of its income by leasing its properties to farming businesses. These long-term leases provide relatively predictable rental income, which helps support regular dividends to investors.

Bell Potter currently has a buy rating and $2.55 price target on Rural Funds units.

As for income, the broker expects annual dividends of 11.7 cents per unit in FY 2027, FY 2028, and FY 2029. Based on its current share price of $1.92, this represents dividend yields of approximately 6.1% for each of those years.

The post 3 of the best ASX dividend shares for income investors appeared first on The Motley Fool Australia.

More reading

• 6 ASX shares to buy in today’s weak market: experts
• Buy, hold, sell: Rural Funds Group, Imdex, Fortescue shares
• Is this cheap ASX dividend share one of the best income buys?
• How much do I need to retire on $85,000 a year at 50?
• How much do I need to retire on $110,000 a year at 65?

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Rural Funds Group. The Motley Fool Australia has recommended Cedar Woods Properties and Eagers Automotive Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Shares in Deep Yellow Ltd (ASX: DYL) have crashed to a 12-month low after the company decided not to go ahead with its flagship Tumas uranium project this quarter.

The company said Tumas remained a world-class, greenfields uranium project, but that it had determined that current equity market conditions did not support going ahead with a final investment decision.

The analyst teams at both Macquarie and Morgans have since issued new research notes on the uranium company, with both expecting significant share price upside.

Work to continue proving up the project

Management said it had made strong progress in areas such as concrete preparation, reinforcing steel installation and the award of key construction contracts.

Managing Director Greg Field said:

Despite the compelling global uranium market fundamentals, challenging equity market conditions continue to constrain funding options for uranium developers. Against this backdrop, we believe it is prudent to defer FID beyond Q4 2026 while maintaining construction momentum and progressing our funding strategy to ensure Tumas is well positioned to advance when market conditions improve. The commencement of civil works on schedule represents another significant milestone for Tumas, reflecting the considerable progress achieved across engineering, procurement and construction readiness as we systematically de-risk the project’s development.

Deep Yellow said work on an updated value model for the mine was nearing completion and would be released to the market once finished.

About 440 contractors and employees had also been inducted to work on the project.

Shares looking very cheap, brokers say

In a research note, Morgans said the withdrawal of the FID timeline was not altogether surprising given the weakness in the company’s share price.

They added:

In our view, raising equity at current levels would have represented an unattractive funding outcome for existing shareholders. Importantly, we view this as a delay rather than a change in strategy, with DYL remaining focused on advancing Tumas and positioning the project for a future FID.

Morgans is forecasting a 12-month delay to a final investment decision, “resulting in a corresponding reduction in our discounted cash flow valuation as future cash flows are delayed”.

The broker reduced its price target on Deep Yellow shares from $1.95 to $1.50, compared with 76 cents at the time of writing.

They added:

While financing, execution and uranium market risks remain, we believe the market is underappreciating the value of a development ready uranium asset with significant leverage to improving fundamentals. That said, the need to secure funding for Tumas, including a likely equity component, is expected to remain a key overhang on the stock.

Macquarie has a price target of $1.95 on Deep Yellow shares.

The post This ASX uranium company is set to surge: Brokers appeared first on The Motley Fool Australia.

More reading

• I think this ASX share is a bargain buy after hitting a 52-week low: Here’s why
• Deep Yellow updates on Tumas project progress, delays FID
• Own ASX mining shares? Official forecasts show commodity prices peaking in FY27
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Motley Fool contributor Cameron England has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group. The Motley Fool Australia has recommended Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.