Retirement Planning
Superannuation Calculator
Estimate your super balance at retirement using employer SG contributions, voluntary top-ups, and compound investment growth.
Your Super Details
Current SG rate is 11.5% (rising to 12% by July 2025)
Long-term average: ~7% p.a. for balanced funds
Does not account for tax on contributions (15% concessional tax) or fund fees. Consult a financial adviser for detailed projections.
Projected Balance at Age 67
$1,513,146
Over 32 years of contributions and growth
Total Contributions
$362,800
Principal + contributions
Investment Growth
$1,150,346
Compound returns
Annual Contribution
$9,775
Employer + voluntary
Annual Contribution Breakdown
Projected Balance Components
Balance Milestones
| Age | Projected Balance |
|---|---|
| Age 40 | $126,341 |
| Age 45 | $233,413 |
| Age 50 | $383,588 |
| Age 55 | $594,215 |
| Age 60 | $889,631 |
| Age 65 | $1,303,967 |
| Age 67 | $1,513,146 |
How Superannuation Works in Australia
Superannuation is Australia's compulsory retirement savings system. Employers are required to contribute a percentage of your ordinary time earnings (the Superannuation Guarantee, or SG) directly into your super fund.
SG Rate Schedule
The SG rate is 11.5% for 2024–25 and will increase to 12% from 1 July 2025, where it will be maintained indefinitely.
Voluntary Contributions
You can boost your super by making salary-sacrifice (concessional) contributions taxed at 15%, or after-tax (non-concessional) contributions. Both are powerful tools for growing your retirement nest egg.