Australia Superannuation Calculator
Project your superannuation balance at retirement with SG contributions and investment growth.
SG contribution (11.5%): A$9,775.00/year
Projected super balance at retirement
A$2,233,334
In 37 years (age 67)
Estimated monthly income (4% rule)
A$7,444/month
SG contributions
A$361,675
Extra contributions
A$0
Investment growth
A$1,821,659
Australia Superannuation Calculator: project your retirement savings
The Superannuation Guarantee (SG) is Australia's mandatory retirement savings system. Employers must contribute 11.5% of each employee's gross salary to an approved superannuation fund. This rate is gradually increasing and is scheduled to reach 12% in July 2025.
The power of compound interest means even small additional contributions can have a significant impact on your final balance. With an average growth rate of 7% per year, invested money roughly doubles every 10 years. This calculator projects your balance considering employer SG contributions, additional voluntary contributions, and investment growth.
The 4% rule is a widely used guideline for estimating retirement income: it suggests you can withdraw 4% of your balance annually with a high probability of your money lasting at least 30 years. The preservation age for accessing super is 60 (born after 1 July 1964) or 65 unconditionally.
Frequently asked questions
What is the Superannuation Guarantee (SG) in Australia?
The SG is the mandatory contribution employers must make to their employees' retirement fund. It is currently 11.5% of gross salary.
At what age can I access my superannuation?
The preservation age is 60 for those born after 1 July 1964. After that age you can access your super when you cease employment, or unconditionally at age 65.
Can I make voluntary contributions to super?
Yes. You can make concessional contributions (pre-tax, cap A$30,000/year) or non-concessional contributions (after-tax, cap A$120,000/year).
What is the average superannuation return?
The historical average return for balanced super funds is approximately 7% per year before fees, though it varies by fund and investment option chosen.
Want to learn more? Read our complete guide →