What is the Super Guarantee rate for 2025-26?

12% from 1 July 2025, the legislated maximum (SGAA 1992). No further rises are scheduled.

What is the concessional contributions cap for 2025-26?

$30,000 per year, indexed to Average Weekly Ordinary Time Earnings in $2,500 steps. This includes employer SG, salary sacrifice and personal deductible contributions combined. If your total super balance was below $500,000 on 30 June 2025, you can use carry-forward unused cap from the previous 5 financial years.

What's the difference between concessional and non-concessional?

Concessional contributions are pre-tax (employer SG, salary sacrifice, personal deductible). They're taxed 15% on entry. Non-concessional contributions are post-tax (no further tax on entry). The non-concessional cap is $120,000/year, or $360,000 over three years if you trigger the bring-forward rule.

What is Division 293 tax?

An additional 15% tax on your concessional contributions if your total income plus low-tax super contributions exceeds $250,000 in the year. It effectively doubles the contributions tax to 30% for high earners. The calculator doesn't apply it automatically, use the concessional super planner on the income tax calculator to test the effect.

How does ASFA work out the "Comfortable" target?

ASFA's Retirement Standard models a representative budget for a homeowning retiree at age 67. Comfortable single ≈ $53,000/year; comfortable couple ≈ $76,000/year. These figures assume a part-rate Age Pension supplements drawdown from the super balance. The lump-sum targets ($595k single, $690k couple) are calibrated to last to age 92 at a 6% annual return in retirement.

Calculator · FY 2026-27 figures · 12% SG · 15% contributions tax

Australian Superannuation Calculator

Project your super balance to retirement using the Moneysmart year-by-year method: employer 12% SG, 15% contributions tax in, 15% earnings tax during accumulation, optional salary sacrifice. Compare against the ASFA Comfortable target.

Current age Whole years e.g. 35

Retirement age Preservation age + retirement intent most people target 65–67

Current super balance (AUD) Total across all accounts check MyGov for the consolidated figure

Current annual salary (AUD) Gross, excluding super drives employer SG = 12% on top

Show advanced options

Salary sacrifice into super (AUD / yr) Pre-tax voluntary; counts toward concessional cap $30,000 cap incl. employer SG

Non-concessional contribution (AUD / yr) Post-tax; no contributions tax $120k cap; bring-forward to $360k

Annual investment return (%) Nominal, before earnings tax Moneysmart default: 7.5% (high growth)

Wage growth (% / yr) Salary increases over time Moneysmart default: 4.0% (2.5% CPI + 1.5% real)

Admin fee (% of balance / yr) Most large funds: 0.5–1.0% all-up includes investment fee for many funds

Admin fee (fixed $/yr) Member/account fee separate from the % above retail funds often $80–100/yr

Insurance premium ($/yr) Default cover, life + TPD + IP deducted from balance each year

CPI inflation (% / yr) For converting to today's dollars Moneysmart default: 2.5%

Show balance in today's dollars (CPI-adjusted)

Overlay ASFA Comfortable target ($595k single)

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Year-by-year projection

How super compounds: the year-by-year method

What goes in each year: Employer SG (12% × salary), plus any salary sacrifice you've chosen, plus any non-concessional (post-tax) contributions. Concessional contributions (SG + SS) are taxed at 15% on the way in.
What grows each year: Your balance earns the investment return you nominate (default 7.5%), and the ATO taxes those earnings at 15% during accumulation. The calculator handles this by applying an effective return of return × 0.85 each year.
What comes out each year: Admin fees (a percentage of your balance plus a fixed dollar amount) and insurance premiums are deducted. These come out of the balance, not your contributions.
Then your salary grows: Each year, your salary increases by the wage-growth assumption (default 4.0%). Your employer SG follows your salary up.
Today's dollars vs nominal dollars: The headline figure is shown in today's dollars by default (divided by 1.025^years). Untick the toggle to see the bigger nominal number, it's not more money, only denominated in future dollars.

Frequently asked

What is the Super Guarantee rate for 2025-26?: 12% from 1 July 2025, the legislated maximum (SGAA 1992). No further rises are scheduled.
What is the concessional contributions cap for 2025-26?: $30,000 per year, indexed to Average Weekly Ordinary Time Earnings in $2,500 steps. This includes employer SG, salary sacrifice and personal deductible contributions combined. If your total super balance was below $500,000 on 30 June 2025, you can use carry-forward unused cap from the previous 5 financial years.
What's the difference between concessional and non-concessional?: Concessional contributions are pre-tax (employer SG, salary sacrifice, personal deductible). They're taxed 15% on entry. Non-concessional contributions are post-tax (no further tax on entry). The non-concessional cap is $120,000/year, or $360,000 over three years if you trigger the bring-forward rule.
What is Division 293 tax?: An additional 15% tax on your concessional contributions if your total income plus low-tax super contributions exceeds $250,000 in the year. It effectively doubles the contributions tax to 30% for high earners. The calculator doesn't apply it automatically, use the concessional super planner on the income tax calculator to test the effect.
How does ASFA work out the "Comfortable" target?: ASFA's Retirement Standard models a representative budget for a homeowning retiree at age 67. Comfortable single ≈ $53,000/year; comfortable couple ≈ $76,000/year. These figures assume a part-rate Age Pension supplements drawdown from the super balance. The lump-sum targets ($595k single, $690k couple) are calibrated to last to age 92 at a 6% annual return in retirement.

Australian Superannuation Calculator

How super compounds: the year-by-year method

Frequently asked

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