Superannuation Calculator - Australian Super Growth & Retirement Income
Project your Australian superannuation nest egg at retirement. Model employer SG contributions, salary sacrifice, and tax concessional caps.
Estimated Super Balance at Retirement
Estimated Monthly Pension Income (20 Yrs)
Total Employer Contributions Paid In
ASFA Retirement Standard Benchmark
Frequently Asked Questions
What is the Australian Superannuation Guarantee (SG) rate?
Under Australian Commonwealth law, employers are required to contribute a percentage of your ordinary time earnings into your designated superannuation fund. The rate is currently legislated to reach 12%.
How is money inside Australian Super taxed?
Concessional contributions (including employer SG and pre-tax salary sacrifice) are taxed at a low concessional rate of 15% inside the fund, compared to your marginal personal income tax bracket which can reach up to 45% + Medicare levy.
How much super do I need for a comfortable retirement in Australia?
According to the ASFA Retirement Standard, a single person needs a superannuation balance of approximately $595,000 at age 67, while a couple needs approximately $690,000 to sustain a comfortable retirement lifestyle.
How does salary sacrificing boost superannuation growth?
Salary sacrificing allows you to direct pre-tax wages straight into super. Because you avoid paying your higher marginal tax rate and benefit from compounding interest over decades, extra contributions can add hundreds of thousands of dollars to your retirement balance.