What is a good rate of return on superannuation?
Over the past 29 years, Growth funds have returned 8.2% per year on average and the CPI has averaged 2.4% per year, giving a real return of 5.8%.
...
Super fund performance: Calendar years (1993 to 2021)
| Calendar year |
Return (%) |
| 2019 |
14.7% |
| 2018 |
0.8% |
| 2017 |
10.8% |
| 2016 |
7.5% |
25 more rows
•
Jan 20, 2022
How much money is in superannuation in Australia?
Superannuation Statistics
Superannuation assets totalled $3.4 trillion at the end of the September 2021 quarter. Over the 12 months from September 2020 there was a 17.5 per cent increase in total superannuation assets. Total assets in MySuper products totalled $923 billion at the end of the September 2021 quarter.
How much super do I need to retire at 60?
ASFA estimates people who want a comfortable retirement need $640,000 for a couple, and $545,000 for a single person when they leave work, assuming they also receive a partial age pension from the federal government. For people who are happy to have a modest lifestyle, this figure is $70,000.
What is the best super fund in Australia 2020?
Best and worst performing growth super funds
- HESTA – Sustainable Growth. 11.8%
- Australian Super – Balanced. 10.4%
- UniSuper – Sustainable Balanced. 10.2%
- Fiducian – Balanced. 9.9%
- Aware Super – Growth. 9.8%
- IOOF – MultiMix Balanced Growth. 9.7%
- UniSuper – Balanced. 9.6%
- Lutheran Super – Balanced Growth (MySuper) 9.5%