Superannuation Calculator Australia
Project your super balance and weekly retirement income.
Last updated: January 2025 · Built for the 2024–25 financial year
Inputs
Results
Projected balance at retirement
$1,805,312
Weekly income (4% rule)
$1,389
Years until retirement
32
Projected growth
Results are estimates only. For financial advice, consult a licensed adviser.
Overview
Project your superannuation balance at retirement
Australian Super Guarantee is currently 11.5% of ordinary time earnings (rising to 12% on 1 July 2025). Concessional contributions (employer SG + salary sacrifice) are taxed at 15% in-fund — significantly less than most marginal rates.
Compounding inside super is tax-advantaged: capital gains held >12 months attract a 10% effective rate, vs 23-47% outside super. Time in market matters more than timing — start early.
Formula
Super accumulation
Balance_t = Balance_{t-1}(1+r) + Contributions × (1 − 15%) Contribution caps (2024-25)
| Factor | Detail |
|---|---|
| Concessional cap | $30,000 (incl. SG, salary sacrifice, deductible personal) |
| Non-concessional cap | $120,000 / yr or $360k bring-forward |
| Carry-forward | Unused concessional cap from prior 5 yrs if balance < $500k |
| Spouse contribution offset | Up to $540 tax offset for $3k contribution if spouse earns < $40k |
Pro tips
- •Consolidate accounts via myGov to kill duplicate fees.
- •Choose investment option matching horizon — High Growth for 20+ yrs.
- •Review insurance inside super — default cover may be excessive.