Superannuation Calculator Australia โ FY 2025-26
Project your super balance at retirement with 12% SG employer contributions and investment growth. Optimise salary sacrifice to save tax. Check how long your super lasts in retirement. Updated for FY 2025-26 with $30,000 concessional cap and Division 293 check.
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How to Use This Calculator
Super Projection tab
Enter your current age, retirement age (default 60), current super balance, annual salary, any additional voluntary contributions, and your expected return rate (default 7%). The calculator projects your super balance at retirement including employer SG (12%), investment growth, and tax on contributions.
Contribution Optimizer tab
Enter your salary, current super balance (TSB), and marginal tax rate. See the maximum salary sacrifice before hitting the $30,000 concessional cap, your tax saving, whether Division 293 applies, and if carry-forward contributions are available.
Retirement Income tab
Enter your super balance at retirement, desired annual income, and expected return in retirement (default 5%). The calculator shows how many years your super lasts, the drawdown rate, and any gap to Age Pension age (67).
Share your result
All inputs are encoded in the URL. Click Share to send your exact projection to your financial adviser.
The Formula
SG = Annual Salary × 12%
Net Contribution (after 15% tax):
Net SG = SG × (1 − 0.15) = SG × 0.85
Net Return Rate:
Net Return = Gross Return × (1 − 0.15)
Example: 7% gross → 5.95% net (accumulation phase)
Pension phase: 0% earnings tax → full 7% return
Projection (year by year):
Balance(n+1) = Balance(n) × (1 + Net Return) + Net SG + Voluntary
Salary Sacrifice Tax Saving:
Saving = Sacrifice Amount × (Marginal Rate − 15%)
Retirement Drawdown:
Balance(n+1) = Balance(n) × (1 + Return) − Annual Income
(Pension phase: no earnings tax on returns)
Worked Example
Age 30, salary $85,000, current super $50,000, retire at 60
Step 1: Annual contributions
Step 2: Investment returns
Step 3: Projection over 30 years
Step 4: Retirement income
Verdict: Starting with $50,000 at age 30 and earning $85,000, your super grows to approximately $860,000 by retirement at 60. Drawing $50,000 per year with 5% returns in pension phase, your super lasts until age 88 — well past the Age Pension age of 67.
Superannuation Rates at a Glance (FY 2025-26)
Contribution caps and rates
| Parameter | Value |
|---|---|
| SG rate | 12% |
| Concessional cap | $30,000/year |
| Non-concessional cap | $120,000/year |
| Max contribution base | $62,500/quarter |
| Contributions tax | 15% |
| Earnings tax (accumulation) | 15% |
| Earnings tax (pension phase) | 0% (tax-free) |
Division 293 and high-income thresholds
| Parameter | Value |
|---|---|
| Division 293 threshold | $250,000 (income + super) |
| Extra tax on contributions | 15% (total 30%) |
| Transfer balance cap | $2,000,000 |
| Division 296 ($3M+ tax) | Starts 1 July 2026 |
Division 296 applies extra 15% on notional earnings for super balances above $3M. Not included in calculator as it starts FY 2026-27.
Preservation age and access rules
| Date of Birth | Preservation Age |
|---|---|
| Before 1 July 1960 | 55 |
| 1 July 1960 – 30 June 1961 | 56 |
| 1 July 1961 – 30 June 1962 | 57 |
| 1 July 1962 – 30 June 1963 | 58 |
| 1 July 1963 – 30 June 1964 | 59 |
| After 1 July 1964 | 60 |
Age Pension age is currently 67 for anyone born on or after 1 January 1957.
Carry-forward contributions
If your total super balance (TSB) was below $500,000 at 30 June of the previous year, you can use any unused concessional cap amounts from up to 5 prior financial years. For example, if you only used $20,000 of your $30,000 cap last year, you have $10,000 of unused cap available. Check your available carry-forward amount via your MyGov/ATO account. This is useful for making large one-off contributions in years when you receive a bonus or lump sum.