Finance calculators

Superannuation Calculator

Updated Sep 11, 2026 By Infinity Calculator
Where are you in your retirement journey?
This tailors the labels and action plan to your stage — all fields stay available.
Core Details
Household Type
$
$
%
The Super Guarantee rate is 12%.
$

Desired Lifestyle in Retirement
$
Based on ASFA Retirement Standard — fully editable.

Your Retirement Projection

Projected Balance at Retirement

$0

Readiness Score

Super Longevity

Your super is estimated to last until age
Retirement Income Stack (today's $)
Projected Balance Growth
What Builds Your Final Balance
"What If?" Scenario Explorer
$0
$0
$0
$0
Your Personalised Action Plan
Step-by-Step Solution

Introduction

This superannuation calculator shows you how much money you could have when you retire. Enter your age, income, and current super balance to get a clear picture of your future. The tool works out how your super grows over time based on employer contributions, any extra money you put in, investment returns, and fees.

You can adjust settings to match your life. Planning a career break? Want to see what happens if you retire earlier or later? This calculator handles all of that. It also estimates how long your super will last once you stop working and whether the Age Pension can help fill any gaps.

Use the "What If?" sliders to test different scenarios instantly. A personalised action plan tells you what steps to take based on your results. This tool helps you make smarter choices with your super today, no matter how close you are to retirement.

How to Use Our Superannuation Calculator

Enter your age, income, and super details below. The calculator will show how much super you could have at retirement, how long it may last, and what steps you can take to improve your outcome.

Retirement Journey: Pick how close you are to retirement. Choose "More than 10 years away," "Within 10 years," or "Already retired." This changes the advice you get.

Household Type: Select "Single" if you are planning for one person or "Couple" if you are planning for two.

Current Age: Enter your age today. You must be between 18 and 75.

Current Super Balance: Enter the total amount you have in your super fund right now. You can find this on your latest super statement.

Annual Income (Before Tax): Enter your yearly salary before any tax is taken out.

Employer Contribution Rate: Enter the percentage your employer pays into your super. The Super Guarantee rate is 12% from 1 July 2025.1

Planned Retirement Age: Enter the age you want to stop working. This must be older than your current age.

Extra Voluntary Contributions: Enter any extra money you add to your super on top of your employer's payments. Use the dropdown to set whether this amount is per week, fortnight, month, or year.

Desired Lifestyle in Retirement: Pick "Modest," "Comfortable," or "Generous." Each option fills in a suggested yearly income based on the ASFA Retirement Standard.

Desired Annual Retirement Income: This is how much money you want to live on each year in retirement, in today's dollars. You can edit this number to match your own goal.

Advanced Settings (Optional)

Click "Advanced Settings" to open more options. These are not required but let you fine-tune your results.

Investment Strategy: Choose from Conservative, Balanced, Growth, or High Growth. Each option sets a different expected return rate.

Expected Annual Return: This is the yearly return your super investments are expected to earn. It updates when you pick a strategy, but you can type in your own number.

Annual Fund Management Fee: Enter the percentage your super fund charges each year to manage your money. Even small fees add up over time.

Inflation Rate: Enter the expected yearly rate of inflation. The default is 2.5%. You can use our inflation calculator to see how inflation erodes purchasing power over time.

Post-Retirement Return: Enter the yearly return you expect your super to earn after you retire.

Career Earnings Profile: Choose "Standard," "Interrupted career," or "Late career starter." This fills in typical career break patterns for you.

Include Age Pension: Tick this box to include an estimate of the Government Age Pension in your results.

Career Break: Enter a start age and end age if you plan to take time off work with no super contributions, such as for caregiving.

Reduced Working Hours: Enter a start age, end age, and the percentage of full-time hours you expect to work during that period.

One-Off Expenses: Add any large costs you expect in retirement, like a big trip or home renovation. Enter the age it will happen and the amount in today's dollars.

Press "Calculate My Super" to see your results. Use the "What If?" sliders to explore how changes to your retirement age, contributions, returns, or spending could affect your outcome.

What Is Superannuation?

Superannuation, or "super," is money set aside during your working years so you have income when you retire. In Australia, your employer must pay a percentage of your salary into a super fund. This is called the Super Guarantee. As of 1 July 2025, the rate is 12% of your ordinary earnings.1

Your super grows over time through employer contributions, any extra money you add yourself, and investment returns. Fees and taxes reduce your balance along the way, so keeping an eye on them matters. Even a small difference in fees can cost you tens of thousands of dollars by retirement.

When Can You Access Your Super?

Most people can access their super when they reach their preservation age and retire. For anyone born on or after 1 July 1964, the preservation age is 60.2 You can also access it at age 65 whether you have retired or not.2 In limited cases, such as severe financial hardship or a terminal medical condition, early access may be allowed.3

How Much Super Do You Need to Retire?

The amount you need depends on the lifestyle you want. The Association of Superannuation Funds of Australia (ASFA) publishes the ASFA Retirement Standard. For the March quarter 2026 it puts a single person's budget at $36,434 a year for a modest lifestyle and $55,923 a year for a comfortable one, for people aged 65 to 84.4 For a couple the figures are $52,473 and $78,566 a year.4

The Age Pension

The Australian Government Age Pension provides a safety net for retirees who meet age and means-test rules. You must be at least 67 years old to qualify.5 How much you receive depends on your assets and income. Super counted under the assets test can reduce or remove your pension.6 Many retirees receive a part pension that tops up their super income.

Why Start Planning Early?

Super benefits from compound growth. This means your investment returns earn their own returns over time. Use our compound interest calculator to see exactly how powerful this effect can be over decades. The earlier you start contributing, the more time compounding has to work. Even small extra contributions made in your 20s or 30s can grow into large sums by retirement. Career breaks, part-time work, or high fund fees can slow this growth, so it helps to plan ahead.


Formulas used

Net Annual Employer Contribution (after 15% contributions tax) 7
C_{emp} = \text{Income} \times r_{SG} - \text{Income} \times r_{SG} \times 15\%
Year-by-Year Balance Accumulation
B_{t+1} = B_t \times (1 + r - f) + C_{emp,t} + C_{vol,t}
Conversion to Today's Dollars (Real)
B_{real} = \frac{B_{nominal}}{(1 + i)^{n}}
Annuity Factor (present value of income stream)
AF = \frac{1 - (1 + r_{real})^{-n}}{r_{real}}, \quad r_{real} = r_{post} - i - f
Required Balance for Desired Retirement Income
B_{req} = (D - P) \times AF
Retirement Readiness Score
S = \min\!\left(100,\; \frac{B_{real}}{B_{req}} \times 100\right)
Post-Retirement Drawdown (year-by-year)
B_{t+1} = \bigl(B_t - W_t - E_t\bigr) \times (1 + r_{post} - i - f)

Frequently asked questions

What does 'today's dollars' vs 'future dollars' mean?

Today's dollars (real) shows amounts in terms of what your money can buy right now. Future dollars (nominal) shows the actual dollar figure you would see at that time, before adjusting for inflation. Today's dollars are usually more helpful because they show true buying power.

How is the Retirement Readiness Score calculated?

The calculator works out how much super you need to fund your desired yearly income for about 25 years after retirement. It then divides your projected balance by that required amount and turns it into a score out of 100. A score of 70 or above means you are On Track, 40 to 69 is Partially On Track, and below 40 is Off Track.

How do fees affect my super balance?

Fees are deducted from your balance each year before returns compound. Even a small fee difference adds up over decades. The calculator shows a fees alert if your fee is above 1%, telling you how much a lower-cost fund could save you.

What does the 'Super Longevity' result mean?

It tells you the age at which your super is projected to run out if you draw your desired income each year. If it shows age 100 or higher, your super is expected to last well beyond a typical lifespan. If it runs out before age 92, the calculator flags a shortfall.

What are the ASFA Retirement Standard amounts?

The Modest and Comfortable presets use the ASFA Retirement Standard budgets for the March quarter 2026, for people aged 65 to 84.4
Single: Modest $36,434, Comfortable $55,923.4
Couple: Modest $52,473, Comfortable $78,566.4
The Generous preset is $75,000 for a single person and $95,000 for a couple.

What return rate should I use?

The default is 6% per year (Balanced strategy). If you are in a growth fund, 7.5% may be more realistic. Conservative funds typically return around 4%. Past returns do not guarantee future results, so it is wise to test different rates using the "What If?" sliders.

What is the post-retirement return rate?

This is the yearly return your super earns after you retire, while you are drawing it down. The default is 5%. Most retirees shift to a more conservative investment mix, so this rate is usually lower than the pre-retirement return.

Why does the reduced working hours option matter?

If you work part-time for a period, your income drops and so do your super contributions. The calculator scales your contributions by the percentage of full-time hours you set. This helps you see the long-term impact of part-time work on your retirement savings.


Sources

  1. Super guarantee. Australian Taxation Office. Table 21: Super guarantee percentage. Accessed September 11, 2026.
  2. Super withdrawal options. Australian Taxation Office. Preservation age. Accessed September 11, 2026.
  3. Early access to super. Australian Taxation Office. Accessed September 11, 2026.
  4. ASFA Retirement Standard. Association of Superannuation Funds of Australia. March quarter 2026. Accessed September 11, 2026.
  5. Who can get Age Pension. Services Australia. Accessed September 11, 2026.
  6. Assets test for Age Pension. Services Australia. Accessed September 11, 2026.
  7. Tax and super. Moneysmart, Australian Securities and Investments Commission. Accessed September 11, 2026.