Is $150,000 in Super Good at 65?

See how $150,000 compares to the average, your projected retirement balance, and what to do next.

Last verified: 1 July 2025

Below Average

With $150,000 in super at age 65, you are 62% below the average ($392,000) and 30% below the median ($215,600).

Your Balance

$150K

Average at 65

$392K

Median at 65

$215.6K

ASFA Target

$690K

Projected Balance at 67

Projected at 67

$194,091

Gap to ASFA Comfortable

-$495,909

Assumes 7% annual return, 12% employer SG on $90,000 salary,2 years to retirement.

How to Close the Gap

Extra Contribution Needed

To reach $690,000 by age 67, you need to contribute an extra $100,000/year ($8,333/month) on top of employer SG.

Tax Savings from Salary Sacrifice

Salary sacrificing $19,200/year saves approximately $3,744/year in tax. Super contributions are taxed at 15% vs your marginal rate of up to 34.5%.

Contribution Caps

Concessional cap: $30,000/year
Non-concessional cap: $120,000/year
Carry-forward available if balance under $500,000

Frequently Asked Questions

Is $150,000 in super good at 65?

At age 65, $150,000 in super is below average. The average balance is $392,000 and the median is $215,600. Your balance is 62% below the average.

How much more super do I need at 65?

Based on your current balance of $150,000, your projected balance at 67 is $194,091, which is $495,909 short of the ASFA Comfortable standard. You'd need to contribute an extra $100,000/year to close this gap.

Should I salary sacrifice at 65?

Salary sacrificing $19,200/year could save you approximately $3,744 in tax annually while boosting your super. This is because super contributions are taxed at 15% vs your marginal rate. The concessional cap is $30,000/year including employer contributions.

Other Balances at 65

$0 $10K $20K $30K $50K $75K $100K $200K

$150K at Other Ages

Age 25 Age 30 Age 35 Age 40 Age 45 Age 50 Age 55 Age 60

General information and estimates only — not financial, tax, or legal advice. Always verify with a licensed adviser or the ATO.

Salary Sacrifice into Super: How It Works & How Much You Save (2025-26)

Learn how salary sacrificing into superannuation works in Australia. Calculate your tax savings, understand the contribution caps, and see if it is worth it for your income level.

How Much Super Should I Have at 30, 40, 50? Average Super Balance by Age

Compare your superannuation balance to the Australian average by age. See benchmarks for 30, 40, 50, and 60 year olds, plus strategies to catch up if you are behind.

How Much Do I Need to Retire in Australia? 2026 Retirement Savings Targets

Calculate how much money you need to retire comfortably in Australia. Covers ASFA retirement standards, Age Pension eligibility, super targets by age, and closing the gap.