🇦🇺Australia

🦘 Super Snapshot

See your super vs. where you should be. Get your Super Score and find out how to level up.

30
$55K
$0$800K
$85K
12.0%
9%20%
67
$0/mo

❓ Frequently Asked Questions

How much superannuation should I have at my age?

The ATO publishes median super balances by age. For example, Australians aged 30-34 have a median of around $55,000. However, ASFA recommends you'll need roughly $690,000 at retirement (age 67) for a couple to live comfortably. Use the calculator above to see where you stand.

What is the ASFA Comfortable Retirement Standard?

The Association of Superannuation Funds of Australia (ASFA) estimates that a couple needs about $72,315 per year (or ~$690,000 lump sum at age 67) for a 'comfortable' retirement. A single person needs about $51,630 per year (~$595,000). This covers a good standard of living including leisure and occasional travel.

What is the current Super Guarantee rate?

From 1 July 2025, the Super Guarantee (SG) rate is 12% of your ordinary time earnings. This increased from 11.5% in the 2024-25 financial year.

Can I voluntarily contribute more to my super?

Yes! You can make concessional (before-tax) contributions up to $30,000 per year total (including employer contributions). You can also make non-concessional (after-tax) contributions up to $120,000 per year. Salary sacrifice is a popular way to boost super while reducing your income tax.

How is super investment return calculated?

Super funds invest your money in a mix of assets (shares, property, bonds). A balanced fund has historically returned about 7-8% per year over the long term (before inflation). Our calculator uses a 7% nominal return as the default, which you can adjust. Remember, actual returns vary year to year.

What happens to my super when I retire?

At preservation age (currently 60 for most), you can access your super. You can take a lump sum, start an account-based pension (regular payments), or a combination. You'll also receive the Age Pension if you meet income/asset tests. Planning how to draw down your super is crucial for a comfortable retirement.