How much super should you have?

Compare your super balance with the average for your age and work out how much you could have in retirement. 

A comfortable retirement

How much super you should have for retirement depends on when you want to retire and the kind of lifestyle you want.

A comfortable retirement lets you enjoy a good standard of living. The Association of Superannuation Funds of Australia (ASFA) says this should cover things like:

  • Private health insurance
  • Occasional local holidays
  • Activities like going to the movies or attending sports games
  • Occasional home repairs
  • Personal spending like haircuts and modest wardrobe updates.

How your super compares against your age group

How does your super balance compare?

See how it stacks up against the average.

Question 1 of 2

Select your age

 
 
 
 

The average super balance of
men aged under 20 is:

$4,700

The average super balance of
men aged 20-24 is:

$17,100

The average super balance of
men aged 25-29 is:

$44,000

The average super balance of
men aged 30-34 is:

$82,800

The average super balance of
men aged 35-39 is:

$130,000

The average super balance of
men aged 40-44 is:

$177,700

The average super balance of
men aged 45-49 is:

$233,300

The average super balance of
men aged 50-54 is:

$281,200

The average super balance of
men aged 55-59 is:

$341,400

The average super balance of
men aged 60-64 is:

$401,600

Source: Deloitte Average Balances to 30 June 2024, rounded to the nearest $100. People with zero superannuation are not included in average data.

Boosting your super by making extra contributions

Sacrifice some of your salary

By making extra contributions1 to your super using salary sacrifice2, you can add to your super before your tax is deducted from your take-home pay.

Make after-tax contributions

You can also make contributions1 to your super from money you have already paid tax on, like your after-tax salary, a tax refund or an inheritance. 

Make spouse contributions

If your spouse isn’t working or earns less, making a before or after-tax contribution1 to their super could help grow their balance and you may be eligible for a tax offset. 

Government co-contributions

If you make an after-tax contribution1 to your super and your total income is less than $62,488 you could get an extra boost up to $500 to your super balance through a government co-contribution. 
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No one-size-fits-all when it comes to your super

combine super

Calculate your future superannuation

It’s important to think about your financial future so you can plan for it. Use our Super projection calculator to estimate how much you could retire with.

See how much super you could save for retirement

Consider consolidating and take control of your super

You can easily track down any additional super accounts you might have and consider combining3 them into your AustralianSuper account, potentially reducing the fees you pay. 

Find out how to combine your super

Work out how much you need to retire

The first step to working out how much money you’ll need is deciding what kind of lifestyle you want and how long you think you’ll spend in retirement.  

Learn how much you might need for a comfortable retirement

Close the gender super gap

Australian women generally retire with a lower super balance than men4 for many reasons. There are ways to help grow your balance and close the gender super gap.

Read our tips to take control of your super
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