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?.

Take note: Age Pension age increasing to 67 years

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Note: This article below explains the eligibility age for the Age Pension. For information on the retirement age for accessing superannuation benefits see SuperGuide articles Preservation age: I’m 58. Can I withdraw my super benefits? and I’m 60. Why can’t I access my super benefits? In late … [Read more...]

Age Pension: March 2014 rates now available

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The new Age Pension rates, taking effect from 20 March 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 $21,913. A couple eligible for the full Age … [Read more...]

Age Pension: Assets test thresholds rise 20 March 2014

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The UPPER asset thresholds for the Age Pension assets test lift again on 20 March 2014, which means more Australians may now be eligible for the PART Age Pension. A single person can own more than $755,000 in assets (excluding his or her home), and still receive a small PART Age Pension, while a … [Read more...]

Age Pension: More Australians entitled to payments from March 2014

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In March, July and September of each year, the Federal Government changes the rules for claiming the Age Pension… for the better! 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. From 20 March 2014, the … [Read more...]

Age Pension: Income test thresholds rise 20 March 2014

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The UPPER income thresholds for the Age Pension income test lift again on 20 March 2014, which means more Australians are now eligible for the PART Age Pension. A single person can earn over $47,000 a year, and still receive a PART Age Pension, while a couple can earn just over $73,000 a year and … [Read more...]

Super challenge: At what age should I retire?

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Selecting a retirement age, even if you plan to continue some form of work during retirement, can be a difficult decision. In some cases, individuals don’t get a choice about when to retire due to health issues, or due to redundancy in later years and then difficulty finding another job. Although … [Read more...]

Working is the new ‘retirement’ for baby boomers

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Just under a quarter of the 5.5 million baby boomers in Australia believe that they will need to work into their eighties because they don’t have enough money to finance a work-free retirement, according to research conducted by Suncorp Superannuation. The Suncorp Superannuation’s research … [Read more...]

A case study: I’m 53. Is it too late to save for my retirement? (updated figures)

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Note: Betty has made no plans for retirement, but if she starts contributing $100 a week, until she retires, then she can expect her lifestyle to be better than her current lifestyle. If she contributes $50 a week, then she can expect to receive at least 80% of her pre-retirement income. This … [Read more...]