How much super should I have at my age?

Planning for retirement can be daunting, but understanding how much superannuation you should have at different stages of your life can make it easier. Here’s a guide to help you gauge whether you’re on track with your super savings.
 

Why superannuation matters

Superannuation is a critical part of your retirement plan no matter what age you are. It can help deliver a steady income when you stop working, helping you maintain your lifestyle and cover essential expenses. The Association of Superannuation Funds of Australia (ASFA) provides guidelines to help Australians understand how much they need for a comfortable or modest retirement.
 

How do Australians know if they’re on track? 

As of 2026, the savings benchmark linked to a comfortable retirement has been revised upward. Homeowners aged 67 are now estimated to need around $630,000 in superannuation if single, an increase from $595,000, while couples are advised to have approximately $730,000, an increase from $690,000. These changes represent the first upward adjustment to ASFA’s retirement benchmarks in recent years.

For Australians aiming to meet the ASFA Comfortable Retirement Standard of $630,000 in superannuation by retirement, there are indicative balance targets to work towards at various life stages. 

•    By age 30: At this stage, your super balance might be relatively low, but not to worry. ASFA suggests that you have about $66,500.  
•    By age 40: ASFA suggests that you should aim to have around $168,000 in your super balance.
•    By age 50: ASFA suggests that you should aim to have around $296,000 in your super balance.
•    By age 55: ASFA suggests that you should aim to have around $377,000 in your super.
•    By age 60: ASFA suggests that you should have around $469,000 in your super balance.
•    By age 65: As you get closer to retirement, the power of compounding interest works harder for your super balance. ASFA suggests you should have around $571,000 in your super balance.
 

Tools to help you stay on track

Websites like ASFA offer tools and calculators to help you estimate how much super you should have and track your progress. The Super Balance Detective tool, for example, can provide an estimate of how much you should on average, have in your super account, based on your age and income.

You can estimate how much super you will have at retirement, using Moneysmart’s superannuation calculator.

You can also check out our Growing my super insights hub on our website for information on the different types of contributions you can make to your super.

Finally, knowing how much super you should have at different stages of your life can help you plan for retirement. Regularly reviewing your super balance and making additional contributions, when possible, may help ensure you stay on track to achieve your retirement goals. Speaking with a financial adviser can also help set you up for success when it comes to reaching your retirement goals.

¹Target figures are based on the ASFA Retirement Standard for 2025-26. Every individual’s needs are different. We recommend checking your specific balance and lifestyle goals within our portal.