For Australian retirees
Can you retire at 55 with $400,000 in super?
Here's what the numbers say for a single homeowner in 2026, based on current ATO and Services Australia rules.
Retiring at 55 means 12 years before the Age Pension becomes available — the longest self-funded stretch of any common retirement age. Without any Centrelink support until 67, your super has to cover everything. With $400,000, you're around the median super balance for Australians approaching retirement. A part Age Pension from 67 is likely — the exact amount depends on how much you spend before then.
Your super is projected to run out around age 66. The Age Pension from 67 provides around $31,223 per year in additional support.
Age Pension eligibility at 67
Full pension — $1,201/fn
With $400,000 in super, you'd likely qualify for the full Age Pension of $1,201 per fortnight from age 67. This significantly extends your super runway.
Your super runway
Lasts until age 66
Currently showing ASFA comfortable standard for singles.
With Age Pension
Age 66
Without Age Pension
Age 66
Balanced returns (7%/yr), $50K cash, Age Pension from 67 (includes base rate + pension supplement + energy supplement). Adjust your spending to see the impact.
This is based on standard assumptions
Your situation is different.
The full tool reveals what this page can't show you:
- What if you work part-time through your 60s? (TTR pension scenarios)
- What if you add extra super contributions before retiring?
- What if your partner has super too? (couple scenarios)
- Your actual salary, super balance, and other assets — not fixed assumptions
- Year-by-year breakdown with your real numbers
Free. No sign-up required. Takes about 2 minutes.
Modelled outcomes only. Not financial advice. Projections assume a single person, homeowner, $45K annual spend in today's dollars, $50K in cash and investments, and a 7% p.a. balanced return. Age Pension amounts include base rate, pension supplement, and energy supplement — the full payment a pensioner receives. Estimates use 2025–26 Services Australia thresholds. Past returns are not indicative of future performance. Consult a licensed financial adviser before making retirement decisions.
What if you had more time or more savings?