Is $70,000.00 a Good Salary at 40?
Find out how a $70,000.00 salary compares at age 40 in Australia — take home pay, age-group comparison, and whether you're on track financially.
Last verified: 1 July 2025Verdict: Below average for your age
At $70,000.00, you're earning below the average for your age group. This doesn't mean you're doing badly — many people at this income level live comfortably by managing expenses well.
The average salary for the 40-44 age group is $100,000.00 — you earn 30% less than average.
Your Take Home Pay on $70,000.00
Annual
$56,812.00
Monthly
$4,734.33
Fortnightly
$2,185.08
Weekly
$1,092.54
How $70,000.00 Compares at Age 40
| Age Group | Average Salary | Your Salary | Difference |
|---|---|---|---|
| 18-24 | $55,000.00 | $70,000.00 | +27% |
| 25-29 | $72,000.00 | $70,000.00 | -3% |
| 30-34 | $85,000.00 | $70,000.00 | -18% |
| 35-39 | $95,000.00 | $70,000.00 | -26% |
| 40-44 (you) | $100,000.00 | $70,000.00 | -30% |
| 45-49 | $105,000.00 | $70,000.00 | -33% |
| 50-54 | $102,000.00 | $70,000.00 | -31% |
| 55-59 | $95,000.00 | $70,000.00 | -26% |
| 60-64 | $85,000.00 | $70,000.00 | -18% |
Where You Should Be Financially at 40
Expected Savings
$80,000.00 – $200,000.00
Outside of superannuation
Expected Super Balance
$150,000.00
Based on average contributions
Expected Net Worth
$300,000.00 – $700,000.00
Including super & property equity
Are You On Track? Milestones for Age 40
- 1Net worth of $300,000-$700,000
- 2Super balance around $130,000-$200,000
- 3On track to be mortgage-free before retirement
- 4Children's education funded or planned
- 5Clear plan for retirement savings target
What to Focus On at 40
Frequently Asked Questions
Is $70,000.00 a good salary at 40?
$70,000.00 is below the average salary for 40 year olds in Australia. The average for the 40-44 age group is $100,000.00. However, salary is only one part of financial health — your savings, spending habits, and investments matter too.
What is the average salary for a 40 year old in Australia?
The average salary for the 40-44 age group in Australia is approximately $100,000.00 per year before tax. This is based on ABS data and includes full-time workers across all industries and states.
How much should a 40 year old have saved?
At 40, most Australians have between $80,000.00 and $200,000.00 in savings (outside of super). Your super balance should be around $150,000.00. Your total net worth (including super and any property equity) should be in the range of $300,000.00 to $700,000.00.
Am I earning enough for my age?
The "right" salary depends on your career stage, industry, location, and qualifications. The average for 40 year olds is $100,000.00. If you're below this, focus on upskilling, negotiating, or switching roles. If you're above it, focus on saving and investing the difference to build long-term wealth.
General information and estimates only — not financial, tax, or legal advice. Always verify with a licensed adviser or the ATO.