How Much Super Do I Need to Retire?
One of the most common questions Australians ask as retirement approaches is: how much super do I need to retire?
There isn't one number that suits everyone. Your ideal super balance depends on when you retire, the lifestyle you want, whether you own your home, your other investments and how much income you expect to receive from sources such as the Age Pension.
How much super is enough for a comfortable retirement?
The ASFA Retirement Standard provides a useful starting point. As at the March quarter of 2026, ASFA estimates that a homeowner retiring at age 67 may need approximately $630,000 as a single person or $730,000 as a couple to support what it defines as a comfortable retirement.
ASFA currently estimates the annual cost of a comfortable retirement at approximately $55,923 for a single person and $78,566 for a couple. These figures assume home ownership and may not reflect your personal circumstances.
Your retirement number could be very different
Rather than focusing solely on a benchmark, consider:
the age you want to retire
whether you will own your home
travel and lifestyle expenses
your super and investment balances
expected Age Pension entitlements
inflation and investment returns
how long your retirement savings may need to last.
Someone retiring at 60, for example, may require substantially more private savings than someone retiring at 67 because their money needs to fund more years of retirement.
Build a retirement plan around your lifestyle
A retirement projection can estimate your future income and show whether your current super, contributions and investments are likely to support the lifestyle you want.
Want to know if your super is on track? Speak with a financial adviser about building a personalised retirement plan.
General information only. It does not take into account your objectives, financial situation or needs.