Updated October 2026 for the 2026–27 financial year.
How this projection works
Each year the calculator adds your employer's 12% super guarantee and any extra before-tax contributions, takes out the 15% contributions tax, and grows the balance by the return you choose. Your salary rises each year by the salary growth rate. The result is then shown in today's dollars, so you can compare it with what things cost now.
The default 6.5% return after fees and tax is roughly in line with long-term results for balanced and growth options. Your real return will go up and down from year to year.
How much super do you need to retire?
The Association of Superannuation Funds of Australia (ASFA) publishes a Retirement Standard each quarter, with "modest" and "comfortable" budgets for singles and couples who own their home. Many retirees also get a part Age Pension, which reduces how much super they need. Moneysmart's retirement planner can model the Age Pension alongside your super.
Ways to boost your balance
- Start early. Small extra contributions in your 30s and 40s have decades to compound.
- Check your fees. A 0.5% difference in fees each year can mean tens of thousands less at retirement.
- Consolidate accounts. Multiple accounts mean multiple sets of fees and insurance. You can combine them in myGov.
- Use your concessional cap. Try the salary sacrifice calculator and carry-forward calculator.
- Grab the co-contribution. If you earn under $64,293, an after-tax contribution can earn up to $500 from the government. See the co-contribution calculator.
Frequently asked questions
How much super will I have when I retire?
It depends on your current balance, salary, contributions, investment returns and how long until you retire. Enter your details above for an estimate in today's dollars.
What return should I assume for my super?
Many projections use 6% to 7.5% a year after fees and tax for balanced or growth options over the long term. Use a lower figure if you're in a conservative option or want a cautious estimate.
What does 'in today's dollars' mean?
It's the future balance adjusted for inflation, so it shows what that money would buy at today's prices. A future balance always looks bigger before adjusting for inflation.
When can I access my super?
Generally when you reach your preservation age of 60 and retire, or when you turn 65 even if you're still working. There are limited early release options for severe hardship and some medical conditions.
Does this include the Age Pension?
No. This calculator only projects your super balance. You may also be eligible for a full or part Age Pension from age 67, depending on your assets and income.
About this calculator
This calculator gives general information only. It doesn't consider your personal circumstances and isn't financial or tax advice. It assumes you're an Australian tax resident and uses 2026–27 rates published by the ATO. Check your figures in myGov and speak to a registered tax agent or licensed financial adviser before acting. Your inputs stay in your browser and are never sent anywhere.