Australian Superannuation Calculator 2024-25
Plan your retirement with current super guarantee rates and tax benefits
Your Details
Minimum 11.5% (2024-25 SG rate)
Assumptions
Retirement Projection
Projected Super Balance at 67
$3,241,044
In today's purchasing power: $1,470,690
Monthly Retirement Income
$10,803
Assumes 4% withdrawal rate
Years to Retirement
32
Until age 67
Contribution Breakdown
Annual Tax Savings
$875
From salary sacrifice contributions
✅ Target Achieved!
You're projected to reach your retirement target in 20 years.
Important: This calculator provides estimates based on assumptions and should not be considered personal financial advice. Actual super performance may vary due to fees, market conditions, and legislative changes. Consult a licensed financial adviser for personalized advice. Super is generally locked away until preservation age.
Australian Superannuation Guide 2024-25
Overview
Why Use This Superannuation Calculator
Related Australian Calculators
Frequently Asked Questions
What is the Super Guarantee rate for 2024-25?
The Super Guarantee rate for 2024-25 is 11.5% of ordinary time earnings. This will increase to 12% from 1 July 2025.
What are the superannuation contribution caps for 2024-25?
For 2024-25, the concessional contribution cap is $27,500 and the non-concessional contribution cap is $110,000. These caps may be affected by your total superannuation balance.
What is salary sacrificing for super?
Salary sacrificing allows you to contribute to super from your pre-tax salary. These contributions are taxed at 15% instead of your marginal tax rate, potentially providing significant tax savings.
When can I access my superannuation?
Generally, you can access your super when you reach preservation age (between 55-60 depending on when you were born) and retire, or at age 65 regardless of whether you're retired.
What is the government co-contribution?
If you earn under $42,016 and make after-tax contributions to super, the government may contribute up to $500 as a co-contribution, matching up to 50% of your contribution.