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How Much Super Should I Have?

Superannuation benchmarks by age to help you track your retirement savings. See where you stand and how to catch up if needed.

Quick Summary

$90k
at 30
$260k
at 40
$520k
at 50
$1M
at 65

Targets for a comfortable retirement (ASFA standards)

Super Benchmarks by Age

Compare your super balance to these benchmarks. "On Track" assumes you want a comfortable retirement at 67.

AgeMedianComfortableOn Track
25$15,000$25,000$30,000
30$45,000$75,000$90,000
35$75,000$135,000$165,000
40$110,000$210,000$260,000
45$150,000$300,000$380,000
50$190,000$400,000$520,000
55$230,000$510,000$680,000
60$280,000$640,000$900,000
65$350,000$800,000$1,000,000
Median: What most Australians have
Comfortable: ASFA comfortable standard
On Track: Ahead of schedule

How Much Super Should I Have at 30?

$45,000
Median
$75,000
Comfortable
$90,000
On Track

At 30, you have 37 years until the standard retirement age. The median Australian has $45,000 in super, but to be on track for a comfortable retirement, you should aim for $75,000 to $90,000. Time and compound interest are on your side - even small extra contributions now make a big difference.

How Much Super Should I Have at 40?

$110,000
Median
$210,000
Comfortable
$260,000
On Track

At 40, you have 27 years until the standard retirement age. The median Australian has $110,000 in super, but to be on track for a comfortable retirement, you should aim for $210,000 to $260,000. Time and compound interest are on your side - even small extra contributions now make a big difference.

How Much Super Should I Have at 50?

$190,000
Median
$400,000
Comfortable
$520,000
On Track

At 50, you have 17 years until the standard retirement age. The median Australian has $190,000 in super, but to be on track for a comfortable retirement, you should aim for $400,000 to $520,000. You're in the prime earning years - maximizing contributions now is crucial.

How Much Super Should I Have at 60?

$280,000
Median
$640,000
Comfortable
$900,000
On Track

At 60, you have 7 years until the standard retirement age. The median Australian has $280,000 in super, but to be on track for a comfortable retirement, you should aim for $640,000 to $900,000. Consider catch-up contributions if you're behind. The contribution cap is higher for those over 50.

ASFA Retirement Standards 2024

The Association of Superannuation Funds of Australia (ASFA) defines what you need for different retirement lifestyles:

Comfortable Retirement

Good health insurance, regular holidays, eat out, run a car, and enjoy leisure activities.

Single$52,000/year
Couple$73,000/year
Super needed (single)~$595,000

Modest Retirement

Basic activities, older car, limited travel, and mostly home-based leisure.

Single$32,000/year
Couple$46,000/year
Super needed (single)~$100,000

How to Catch Up

Salary Sacrifice

Contribute pre-tax salary to super. You'll pay 15% tax instead of your marginal rate.

Carry-Forward Contributions

If you didn't use your full $30k cap in previous years, you can catch up now.

Government Co-Contribution

If you earn under $60,400, the government matches your after-tax contributions (up to $500).

Spouse Contributions

Contribute to a low-income spouse's super and get a tax offset up to $540.

Don't Panic If You're Behind

The median figures show most Australians are behind the "comfortable" targets. Age Pension provides a safety net, and small improvements now compound significantly over time. Focus on what you can control: reduce fees, contribute consistently, and choose appropriate investments.

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These are general benchmarks based on ASFA, ATO, and industry data. Individual circumstances vary. Consider seeking financial advice for personalized retirement planning.