How much super do I need?

Set out below are all SuperGuide articles explaining How much super do I need?.

Super alert: Have you counted your super contributions lately?

Note: This article outlines the super contribution rules, and also provides a list of helpful articles that explain how the two types of contributions caps work, and the general contribution rules.You can make two types of super contributions: concessional (before-tax) contributions and … [Read more...]

Superannuation Guarantee rate 9.5% for 2015/2016 year, and for 2016/2017 year

The Superannuation Guarantee rate remained at 9.5% for the 2015/2016 financial year, and again remains at 9.5% for the 2016/2017 financial year. The Superannuation Guarantee rate first increased to 9.5% from 1 July 2014 (the 2014/2015 year).Based on revised laws, the SG rate will remain at 9.5% … [Read more...]

Age Pension age increasing to 67 years (not 70 years)

Note: This article explains the current Age Pension age. If you are seeking information on the retirement age for accessing superannuation benefits see SuperGuide article Accessing super: What is my preservation age?If you are seeking information on the changes to the Age Pension asset test … [Read more...]

Fund choice: Choosing a super fund without an adviser

The questions that Australians need to ask when considering seeking financial advice when selecting a super fund are: how do I find a good adviser, and how do I know the advice I’m getting is appropriate?One option for resolving the dilemma of finding a good adviser is not to get advice. … [Read more...]

Financial advice for super: Is it worth the money?

You don’t have to get advice when choosing super funds, or when considering making extra super contributions, or for any other financial matters. If you do want advice however, do some research on reputable advisers.Advisers deserve to be paid for providing advice but you have to decide how you … [Read more...]

Super rich tax? Trawling SMSF accounts to fix budget not the answer

Note: This article is an updated response to recent claims that superannuation tax concessions are directed towards the ‘super rich’. The federal government is considering significant tax reform, which is likely to include superannuation tax changes as part of that reform process. The relevant links … [Read more...]

SuperGuide checklist: 10 more ways to boost your super

Note: This is the second article in a special two-part series that SuperGuide updates regularly, designed to help SuperGuide readers plan for retirement. This article, and the first article in the series, Super checklist: 10 ways to save your super (link also appears at the end of this article), is … [Read more...]

Investment performance: 23 years of SG delivers 7.6% a year

Since Superannuation Guarantee was introduced 23 years ago, the average long-term median return generated on a ‘balanced’ super fund account has been 7.62% a year, according to regular data released by superannuation ratings company, SuperRatings.Median return means the return delivered by the … [Read more...]

SuperGuide checklist: 10 ways to save your super

The superannuation accounts of Australians have been affected by volatile investment markets in recent months, and you may be tempted not to focus on your super and retirement plans because of this volatility. Although you cannot control the investment markets (but you or your super fund managers … [Read more...]

Superannuation Guarantee: 10 facts about your SG entitlements

Note: The Superannuation Guarantee rate for the 2015/2016 year is 9.5% (from 1 July 2015 to 30 June 2016). Effective since 1 July 2014, the SG rate increased to 9.5% (from the 9.25% that applied for the 2013/2014 year). The SG rate will now remain at 9.5% for another 6 years, increasing to 10% from … [Read more...]