Superannuation

When you access your super at retirement your super fund may ask you to sign a declaration stating that you intend to never be employed again.

For many people, super remains a highly tax-effective structure to hold investments for the accumulation of retirement savings, as well as maintaining their risk/insurance protection.

Super is a long-term investment and most of us apply set and forget mentality to it.

Below are the average super balances for different age groups in Australia so you can see how your super savings compare.

A healthy super balance can be a key ingredient in being able to live the life we want in retirement. But for many people, retirement is a long way off, and it can be hard to know if your super is on track. If you’ve been asking yourself – how much super should I have at my age? – read on to find out.