How much super should I have calculator: Get results for your age.

See how much you should have at your age for a comfortable retirement 

Wondering how much super you should have at 30, 40, 50 or 60? Whatever your age, our calculator shows you how your super balance compares and if you’re on track for a comfortable retirement. It takes into account your age, income and current super balance, giving you results specific to your circumstances. 

Use the calculator to see how your super stacks up. 

Not on track for a comfortable retirement? Here’s what you can do

If you’re aiming for a comfortable retirement and you’re not quite on track for your age, don’t panic, there’s plenty you can do, and it’s never too late (or too early) to improve your retirement savings. It’s also worth remembering that everyone has different retirement lifestyle expectations, and how much retirement income you’ll need will depend on the type of lifestyle you’d like. 

Here are some things you can do to manage your super well and grow your balance at retirement

Salary sacrifice

Salary sacrifice lets you make extra contributions to your super before tax, meaning you pay less overall tax on your earnings. This is a great way to add to your super and save on tax at the same time, and you can do this at any age (as long as you’re still working) to help grow your balance. With compound interest, those little extra contributions can add up to a lot at retirement.

Consolidate

If you have more than one super account, that means you’re paying more than one set of fees on your super, which will reduce your overall savings. Consolidate your super into one account to stop paying extra fees and keep more of your money invested.

After tax contributions 

You can also contribute money to your super after tax, on money that you’ve already paid tax on. Anything extra you add to your super will help boost your savings. 

Spouse contributions and contributions splitting

If you have a partner, making spouse contributions or contribution splitting can help to grow your combined retirement savings, while also reducing your income tax. 

You can make spouse contributions both before and after tax, and both methods can have tax benefits.

Contribution splitting allows you to split up to 85% of your pre-tax contributions with your partner (subject to eligibility). This can help reduce your combined tax burden, while adding to your combined super balance. 

The calculator above gives you some ideas to boost your savings, based on your age, income and super balance.

On track for your age but aiming for more than the comfortable retirement standard? 

Everyone has different retirement lifestyle expectations, and you may be aiming for more than the standard amount required for a comfortable retirement.  

It’s also worth considering the implications of the growing life expectancy of Australians and the impact that inflation could have on the purchasing power of your super balance when you retire.

So, even if you’re on track for a comfortable retirement, it’s still a good idea to consider adding extra to your super to help grow your savings even more.  

Use the calculator above to see suggestions on how you can contribute extra.