The superannuation balance projector estimates your expected superannuation balance at retirement based on your current balance, age, income, and contribution rate. Understanding your projected retirement balance helps you assess whether you are on track to meet your retirement income goals.
Superannuation projections depend on assumptions about future investment returns, contribution levels, fees, and insurance costs. Long-term projections involve significant uncertainty, and actual outcomes may differ materially from projections due to changes in investment market conditions or legislative changes to superannuation rules.
The superannuation guarantee contribution rate of 12 percent of ordinary time earnings in 2025-26 forms the base of most workers' superannuation accumulation. Additional voluntary contributions including salary sacrifice arrangements can significantly increase projected balances, particularly when started early due to the compounding effect of investment returns over time.
Investment returns assumed in projections are based on long-term historical averages for balanced investment options. Members approaching retirement may consider shifting to more conservative options to reduce volatility risk.
Projections are illustrative only and do not constitute financial advice. A licensed financial adviser can provide personalised retirement planning advice based on your complete financial position.