How much superannuation

This is the approximate amount a person should have in superannuation now to reach the ASFA Comfortable Standard balance by age You can use our Super Projection Calculator to estimate how much super you'll have by the time you retire. We also have some other calculators that may be helpful to you when planning ahead. To feel more confident about your financial future, you might consider making additional contributions or regularly salary sacrificing.

If you're a low income earner and make voluntary after-tax contributions , you may be eligible to receive a co-contribution from the Australian Government. Grow your super. Keep in mind that the figures above should only be used as a guide and how much you should have will depend on your personal goals and circumstances. A financial adviser can work with you to get more from your super and investments today, so you can feel confident you are on track to live the lifestyle you want in retirement.

Book appointment. Here are a few simple things you can do to help give your account balance that extra boost. Combine your super accounts Combine your multiple super accounts to avoid paying multiple fees.

If you are a QSuper member, simply log in to Member Online and enter your other super fund details. Maximise your contributions Some employers may pay super at a higher rate, or will pay more if you make extra super contributions.

Check with your employer directly or learn more about employer contributions. Review your super fund How well your super fund performs and how much you are paying in fees will impact your account balance.

It's worth taking the time to see how your super fund measures up and moving your money to the best super fund for you. Why QSuper? Low fees to maximise your balance Our fees are among the lowest of any super fund in Australia, 2 and we don't charge fees to switch your investments or make withdrawals. Our unique investment approach aims to provide strong returns over the long term, with fewer up and downs along the way.

We have been recognised for value for money by receiving SuperRating's Platinum Performance rating for 15 consecutive years. Accessed 17 September The Chant West data is based on information provided by third parties that is believed to be accurate.

Chant West does not issue, sell, guarantee, or underwrite this product. Only administration and investment fees and costs are covered. Fees are gross of income tax. Go to chantwest. Ratings are general advice only and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing.

The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and SuperRatings assumes no obligation to update. SuperRatings uses objective criteria and receives a fee for publishing awards.

Visit superratings. All rights reserved. Please enable JavaScript in order to get the best experience when using this site. Personal Employers Advisers. Products Why QSuper. Investment options. Income before tax weekly fortnightly monthly yearly Please enter an income amount Employer super contribution Please enter in the contribution rate. Yes No Does your employee work for more than 30 hours in a week?

Yes No. See contribution amount. The super contribution amount is. Assumptions We assume that the employee is an Australian resident and has provided a tax file number to their employer. Employees can be full time, part time or casual.

Employees under 18 must also work more than 30 hours per week to be eligible for SG payments. Disclaimer This calculator is not intended to be relied upon for the purposes of making a financial decision.

Employers See the main super rules. Created by financial advisor Ben Nash, Cashed Up is a free six-week course to help Aussies get their finances in check. Those who sign up to the budget bootcamp get weekly, step-by-step challenges to improve their financial fitness. By the end of the six weeks, participants will have set a budget, created a savings plan, learned how to invest, and sorted their superannuation.

The interactive course can be started at any time and aims to empower participants to make more informed financial decisions. No matter what your number is, the sooner you start the easier the path to get there will be.

The implication is that making the right moves with your super today will make your life easier in the future.