Australia retirement calculator super and Age Pension
Estimate your retirement income from super and the Age Pension in today's dollars.
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Popular questions
How much will my pension be in Australia?
Enter your age, your contribution years and your salary in the calculator above. For example, a 40 year old earning 100,000 AUD per year who keeps working until 67 can expect about 3,890 AUD net per month in today's money.
At what age can I retire in Australia?
For someone aged 40 today the statutory retirement age is 67. Retiring earlier usually reduces the pension, and working longer increases it.
How is the state pension calculated in Australia?
Age Pension age is 67. Super can be accessed from 60 once retired. Superannuation Guarantee 12% of salary, 15% contributions tax, projected at about 2.2% a year above wages. Super is drawn down evenly until age 92 in this estimate. Age Pension maximum for a single person 1,237.70 AUD per fortnight, reduced by 3 AUD per 1,000 AUD of assets above 333,000 AUD for homeowners.
How much should I save for retirement in Australia?
With a salary of 100,000 AUD per year, the estimated pension covers about 46.7% of your gross salary. To reach 70% you would need to save about 710 AUD per month, assuming a 3% real return.
How the pension is calculated in Australia
Retirement income in Australia combines your superannuation and the means-tested Age Pension. Employers pay 12% of your salary into super, which is taxed at 15% and invested until retirement. From 67 the Age Pension adds up to 1,237.70 AUD a fortnight for a single person, reduced by the assets and income tests.
- Age Pension age is 67. Super can be accessed from 60 once retired.
- Superannuation Guarantee 12% of salary, 15% contributions tax, projected at about 2.2% a year above wages.
- Super is drawn down evenly until age 92 in this estimate.
- Age Pension maximum for a single person 1,237.70 AUD per fortnight, reduced by 3 AUD per 1,000 AUD of assets above 333,000 AUD for homeowners.
Examples for 2026
Person aged 40 with 15 years of contributions, retiring at the statutory age, amounts per month in today's money.
| Gross salary | Gross pension | Net pension | Share of salary |
|---|---|---|---|
| 70,000 AUD | 4,177 AUD | 4,177 AUD | 71.6% |
| 100,000 AUD | 3,890 AUD | 3,890 AUD | 46.7% |
| 150,000 AUD | 4,822 AUD | 4,822 AUD | 38.6% |
Minimum pension and retirement age
The full Age Pension is 1,237.70 AUD per fortnight for a single person from 20 September 2026, including supplements. Super paid from a taxed fund after 60 is tax-free.
Frequently asked questions
What is the minimum pension in Australia?
The full Age Pension is 1,237.70 AUD per fortnight for a single person from 20 September 2026, including supplements. Super paid from a taxed fund after 60 is tax-free.
What does the calculator not include?
Couples, other assets and income, the work bonus, Rent Assistance, insurance premiums inside super and voluntary contributions are not included.
Is this an official pension calculation?
No. It is an informational estimate based on 2026 rules published by the official sources listed on this page. For your exact entitlement, check your personal pension statement or ask the pension authority.
Sources and disclaimer
These results are an informational estimate in today's money. We use the 2026 rules and amounts published by the institutions below and check them when the rules change. Real pensions depend on your full insurance record. Couples, other assets and income, the work bonus, Rent Assistance, insurance premiums inside super and voluntary contributions are not included.