How much super do I need?

You can work out how much super you need to finance a comfortable life in retirement, or even finance a luxurious life in retirement.

Use Trish Power's six-step retirement plan to work out your own target, or check out real-life inspired case studies and different retirement targets.

You can also calculate how many years you need to plan for in retirement, or more specifically your average life expectancy.

Below are some of our key How much super do I need? articles:

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

Age Pension: September 2014 rates now available


The new Age Pension rates, taking effect from 20 September 2014 are set out in the tables below. A single person eligible for the FULL Age Pension can now expect an annual Age Pension income (including supplement, and Clean Energy Supplement) of around $22,212. A couple eligible for the full … [Read more...]

Age Pension: Assets test thresholds rise 20 September 2014


The UPPER asset thresholds for the Age Pension assets test lift again on 20 September 2014, which means more Australians may now be eligible for a PART Age Pension. A single person can own more than $770,000 in assets (excluding his or her home), and still receive a small PART Age Pension, while … [Read more...]

Age Pension: More Australians entitled to payments from September 2014


In March, July and September of each year, the Federal Government changes the rules for claiming the Age Pension… for the better! Currently, the Age Pension income test and the Age Pension assets test are adjusted three times a year in line with increases in the Consumer Price Index. Effective … [Read more...]

Age Pension: Income test thresholds rise 20 September 2014


The UPPER income thresholds for the Age Pension income test lift again on 20 September 2014, which means more Australians are now eligible for a PART Age Pension. A single person can earn just under $49,000 a year, and still receive a PART Age Pension, while a couple can earn just over $74,000 a … [Read more...]

Superannuation Guarantee increased to 9.5% for 2014/2015 year, then stalls for 7 years


From 1 July 2014, the Superannuation Guarantee rate increased to 9.5% (from the 9.25% that applies for the 2013/2014 year). Based on advanced legislation currently before parliament, the SG rate will remain at 9.5% for 7 years, increasing to 10% from July 2021, and eventually to 12% from July 2025 … [Read more...]

Investment performance: 22 years of SG delivers 7% a year


Since Superannuation Guarantee was introduced 22 years ago, the long-term return generated on the typical ‘balanced’ super fund account has been 7.2% a year, according to rating company, SuperRatings. Most Australian workers have their super money invested in a balanced investment option, which … [Read more...]

Superannuation rates and thresholds for 2014/2015 year


Note: This article lists the latest superannuation rates and thresholds for the 2014/2015 year, and for earlier financial years. One of the most searched-for superannuation thresholds is the contributions cap for the latest financial year. For the 2014/2015 year, the general concessional … [Read more...]