Super Balance Growth Calculator
Project your superannuation balance at retirement based on current balance, contributions, and investment returns.
Your current superannuation balance
Your gross annual salary before tax
Current SG rate is 11.5% (2024-25), rising to 12% by 2025-26
Additional pre-tax contributions you make
Average annual return after fees. Balanced funds have averaged ~7% over 20 years.
Preservation age is 60 for those born after 1 July 1964. Age pension age is 67.
How It Works
Projects your super balance year-by-year by adding employer SG contributions and salary sacrifice to the running balance, then applying the expected annual investment return. Shows the projected balance at your chosen retirement age in today's dollars (not inflation-adjusted).
Frequently Asked Questions
What is the average super balance by age in Australia?
ABS data shows median super balances: age 30-34 ~$45,000, age 40-44 ~$90,000, age 50-54 ~$155,000, age 60-64 ~$210,000. These are medians — averages are higher due to high-balance outliers.
What is the super guarantee rate?
The SG rate is 11.5% for 2024-25 and will increase to 12% from 1 July 2025, where it is legislated to stay.
How much super do I need to retire?
ASFA's Retirement Standard (March 2024) suggests a single person needs ~$595,000 and a couple ~$690,000 for a comfortable retirement. This assumes owning a home and supplementing with the Age Pension.
What is the concessional contributions cap?
The concessional (pre-tax) cap is $30,000 per year for 2024-25. This includes employer SG, salary sacrifice, and personal deductible contributions. Unused cap amounts can be carried forward for up to 5 years if your total super balance is under $500,000.
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