Plan your Australian retirement using superannuation, voluntary contributions, and the Age Pension. Based on current ATO and APRA rules.
| Amount |
|---|
Australia's compulsory superannuation system requires employers to contribute a percentage of your ordinary time earnings (OTE) into a complying super fund. The rate is currently 12% from 1 July 2025.
You can generally access your super when you reach your preservation age (60 for most Australians) and retire, or turn 65. Accessing super early is very restricted.
In 2025–26, the concessional (before-tax) contributions cap is $30,000 per year. This includes employer SG contributions and salary sacrifice. Contributions above this cap are taxed at your marginal rate.
After-tax (non-concessional) contributions are capped at $120,000 per year, or up to $360,000 over 3 years using the bring-forward rule, subject to your total super balance.
The Australian Age Pension is available from age 67 (as of 2026) for those who meet the residency and income/assets tests. The maximum rate for a single person is approximately $1,149 per fortnight ($29,874 p.a.) and for couples $1,732 per fortnight combined.
The Association of Superannuation Funds of Australia (ASFA) estimates a "comfortable" retirement requires approximately $595,000 for singles and $690,000 for couples at age 67 (2025 figures).