Use our Retirement Income Calculator to find out how much money you'll need in retirement and how much you're on track to receive. You can also see what happens if you make extra contributions, take a career break, or receive the Age Pension.

How much super is enough to retire in Australia?

How much you might need in retirement depends largely on the lifestyle you’re planning for, any big expenses you have like paying off a mortgage, and how long the money needs to last. Here are a few different methods you can use to estimate your future needs.

The two-thirds rule

If you’ve already paid off your home, the government's MoneySmart website says you’ll need about two-thirds of your pre-retirement income to maintain your current lifestyle after you retire. This is the formula we’ve used in our calculator, except where you’re not working before retirement.

The ASFA Retirement Standard

The Retirement Standard from the Association of Superannuation Funds of Australia (ASFA) says a 65-year-old retired couple needs $61,909 per year for a comfortable retirement, or $43,687 for a single person (June quarter, 2020).

Set your own budget

To set your own budget for how much you're likely to need in retirement, try our Budget Planner. This allows you to factor in all your expenses and sources of income including investments, casual work, personal savings, and the Age Pension.

How to increase your retirement income

If your retirement income is less than your target, you can feel more confident about your future future by taking action with our help:

If your retirement is already on track

There's always something you can do to maximise your finances before retiring. Make sure your super and investments are working hard for you:


How's your super tracking?

Try our Retirement Income Calculator today to see whether you're on track for the retirement you want.

Use calculator

View assumptions and limitations for our Retirement Income Calculator.