Projected Balance
$0
Today's Value: $0
Super Contributions Calculator
Australia Superannuation Projection (FY2024-25)
👤 Your Profile
YRS
YRS
$
$
📈 Strategy & Contributions
$
$
Frequently Asked Questions
Comprehensive guide to Australia's Superannuation landscape
In Australia, you can generally access your super when you reach preservation age (currently 60) and retire, or when you turn 65 even if you haven't retired. Limited early access exists for severe financial hardship, terminal illness, or compassionate grounds, subject to strict ATO criteria.
As of 1 July 2024, the legal SG rate is 11.5%. This is scheduled to increase to 12% on 1 July 2025. This is calculated based on your Ordinary Time Earnings (OTE).
Yes. For the 2024-25 year, Concessional contributions (before-tax) are capped at $30,000. Non-concessional (after-tax) contributions are capped at $120,000 per year, or $360,000 over three years if the "bring-forward" rule applies.
"Stapling" is a reform where your existing super fund follows you from job to job. If you start a new job and don't nominate a fund, your employer must check with the ATO to find your stapled fund rather than opening a new default account, helping reduce multiple sets of fees.
Unlike other assets, super isn't automatically covered by your Will. You should nominate beneficiaries. A "Binding" nomination legally requires the trustee to pay your balance to your chosen person, whereas a "Non-binding" nomination acts as a guide for the trustee.
Most funds offer a variety of options ranging from High Growth and Balanced to Conservative or Socially Responsible (ESG) options. If you don't make a choice, your money is usually placed in a "MySuper" default lifecycle product.
Many Australia Super funds provide default Death, Total and Permanent Disablement (TPD), and sometimes Income Protection insurance. Premiums are deducted directly from your super balance, which can be more cost-effective than personal retail insurance.