How Much Super Should I Have At My Age? And How To Stay On Track

[@lukelehmann6629]

I'm surprised you didn't mention roll-over concessional contributions given this can represent tens of thousands of dollars of additional concessional contributions for most Aussies. Especially useful if you've had a sudden pay increase or windfall - can make a very large concessional contribution and have a very large tax return. Loved the breakdown, keep up the good work.

[@bluezoidberg7124]

It's one of the big things I learned from the Kuan Tian KZbin channel before it was shut down. And yeah, it's a real thing. 5 years of roll-over concessional contributions where you've missed out on reaching your maximum is no joke. I'm surprised not more people talk about this

[@petermaurer323]

You guys are young and so think the large rate of personal change every 10 years will continue at the so far experienced pace. It does for a while of course but it doesn't feel as dramatic beyond 50. The decades seem to blur into one long decade only - you hardly notice any change because there isn't much change. Of course this is the time you start using the Super, and so just as well things are more stable. You really do just become the person you are.

[@IanSmart-g6y]

In addition to splitting super contributions between partners when one isn't working for whatever reason, if you can stretch to it then there is also spousal contributions.

[@kasmstamps1897]

10 years ago we started a SMSF a bought a property. Community title townhouse. Last year decided to bite to bullet and take control for ourselves given disappointing return as barely paying CGT. Got access to a very broad range of options now. Went a little heavy on Tesla but giving it a 5 year run way I think will pay off. A portion that we can't afford to lose is in an Ozzy ETF. High risk? I think a certain return of 2-3x from U$215.

[@外人-b3h]

The general rule of 66-80% of pre-retirement income comes from not having to pay income tax on drawdowns from a tax free pension account. So I guess a "better" metric would be 100 minus your pre-retirement effective tax rate plus medicare levy. This theoretically results in no change to your income.

[@petermaurer323]

If most of your working years were spent paying off a mortgage, but then before you retire the mortgage is gone, do you really need 100% of your pre-retirement income in retirement? Surely also minus mortgage costs once gone as that amount no longer needs to be paid.

[@MelbourneShorts11]

My issue with income insurance etx is it sucks out the profit fro you super gains. i cancelled all of mine 2018 and its been on a good uptick since then. Super insurance policies are a complete scam.

[@TheYinyangman]

Worth mentioning super returns are taxed directly from the account so it really is a terrible way to compound

[@Jim-Greek]

Great show lads SG tops out to 12% in 2025-2026

[@MasterCamus]

It would be good to discuss how much is too much on super insurances

[@chriz_the_wiz]

The super stats are actually skewed low. For example a lot of self employed tradies don’t contribute, a lot of people in industries like hospitality are often paid cash, working women turned stay at home mums. Ditto for all the people who pulled cash out in covid. Sorry the average for super is useless info.

[@mmredfs361]

yes those numbers seemed pretty absurd. not to sure how old mate was comfortably over his age group average yet had never voluntarily contributed to his super and admitted he went to uni so would have had a large portion of his teens and 20s on a relatively low wage.

[@swolath]

no 12.5%

[@matthewthurn]

You should have 0 super. Your loving caring representatives will eventually steal it in the next crash.

[@dave9547]

Exactly.

[@MFRANKRR92]

Ooorrr... You can just not use a representative and do any of these newer super options like stockpot or stake where you have an easily done SMSF where you actually own the assets directly in your own name and not pooled with others.

[@matthewthurn]

Agreed, until they tax super at 50%

[@matthewthurn]

I just don’t trust our politicians. You are right. Share, bond, land certificates and precious metals must have your name on it. They are disgraceful pricks for taxing super.

[@big_time_1234]

Have you built the bunker yet?

[@TheYinyangman]

Worth mentioning super returns are taxed directly from the account so it really is a terrible way to compound