Is $400,000 in Super Good at 65?

See how $400,000 compares to the average, your projected retirement balance, and what to do next.

Last verified: 1 July 2025

Above Average

With $400,000 in super at age 65, you are 2% above the average ($392,000) and 86% above the median ($215,600).

Your Balance

$400K

Average at 65

$392K

Median at 65

$215.6K

ASFA Target

$690K

Projected Balance at 67

Projected at 67

$480,316

Gap to ASFA Comfortable

-$209,684

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 $400,000 in super good at 65?

At age 65, $400,000 in super is above average. The average balance is $392,000 and the median is $215,600. Your balance is 2% above the average.

How much more super do I need at 65?

Based on your current balance of $400,000, your projected balance at 67 is $480,316, which is $209,684 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 $150K

$400K 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.

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