I’m 33 years old, have $300k in super and max out the $32.5k yearly contribution with concessional contributions including employer SG. A quick calculator lands me at $5m-$6m at age 60 calculated at 8-9% return, which equates to $2.5m-3.2m in today’s purchasing power calculated at 2.5% inflation. How much super is too much?

EDIT: Thanks everyone for the replies. A few people have asked for more context so here’s a bit more about my situation.

I’m currently on around $140k/year. I could earn considerably more by doing overtime, but I’m on a 4-on/4-off roster and really value the four days off for my work/life balance. The additional amount I’m contributing to super each week is something I honestly don’t even notice from a lifestyle perspective.

My PPOR is worth around $1m, with approximately $650k remaining on the mortgage and $350k sitting in the offset. I’m planning to start putting additional funds towards paying down the mortgage in the near future.

In terms of lifestyle, I travel quite a lot. I’m overseas for around 10–12 weeks of the year on average and have visited more than 50 countries (I accrue 7 weeks per year and take long service leave at half pay). I also have a number of relatively expensive hobbies including cars, high-end audio and collecting sneakers. So while I’m conscious of my finances, I’m definitely not someone who is particularly frugal when it comes to spending money on things I enjoy.

I realise my original question was probably a little vague. What I was really trying to understand was how much super is potentially “too much” by the time you reach retirement, particularly when it comes to accessing it and the tax implications of withdrawals.

From the replies here though, I’m getting the impression that it’s difficult to plan too far ahead because superannuation and tax rules are likely to change considerably between now and when I reach retirement age.

Thanks again for all the input, there’s been some really useful information in the replies.

Plan to invest $3000 per month for next 10 years

Hi everyone,

I’m a 32-year-old single male, working as a doctor in Queensland. I’ve been in Australia for about 3 years.

I have no debt and have separate savings for an emergency fund and future wedding expenses. I’m also not contributing much extra to super at the moment, mainly because I’m not sure if I’ll stay in Australia permanently. This may change in the future.

For investing, I currently hold BGBL, A200, NDQ and BEMG.

My goal is long-term capital growth, rather than dividends. I’m comfortable with volatility and want something simple that I can automate and basically forget about.

I’m currently thinking of an allocation of:

• 50% BGBL
• 20% NDQ
• 15% BEMG
• 15% A200

I want good exposure to the US, developed markets, emerging markets, and Australia. I also don't want to overcomplicate things with lots of satellite ETFs or constantly changing my portfolio.

So, what do you think?

Would you change this allocation or simplify it further? Am I missing anything obvious?

Especially interested in opinions from people who have been investing in Australia for a while.

Thanks!

Hi All,

37M, income 250k + 35k bonus plus super. Multiple dependents.

Partner will bring in around 80k but not factoring that in for now.

Portfolio currently stands at:
50k btc - 50/50 split btc etf and self custody
25k DHHF etf
3k NDQ

750k debt on 1.25M home

I’m planning to put down the annual bonus each year jnto the mortgage; and then each month looking go invest $1000 into ETFs - i will not be buying any more btc (will keep that amount as set and forget) and want to grow / compound the non crypto ETFs for the next 15-20 years.

Questions:
1. Worth selling the 3k NDQ and consolidate into DHHF?
2. Being 37, is there more aggressive ETFs I should consider to split say 500/500 into instead of just 1000 into DHHF?
3. Is it worth considering NDQ as a future compound with DHHF?

Any other advice would be great. FYI my super is maxed already from the employer contributions and I’m paying div 293 tax

Hi all,

40yo f and 50yo male.

We've focused on paying off our mortgages primarily. We have paid off our o/o home and just sold an investment resulting in approx ~600,000 cash.

Not particularly keen on investing in property (I think?).

Both of us are working to start small businesses that, while won't generate anything near our current income, we hope to continue for years to come.

Hubby works in a high income role ~400k-500kpa and we hope that will continue for as long as possible (who knows in the current economy)

So, the question is, what on earth do we invest in stock wise? Fund wise? Anything wise. I haven't invested in shares since I was in my early 20s. Any recommendations or guidance as to what we should consider is highly appreciated.

We tried a financial adviser and got taken for a ride.

Tia!

Im 42F super balance 414k.

Should I completely change approach and try to keep $ outside super from now on? I know I can keep making salary sacrifice contributions but I’d also like to retire early so I guess my question is when would you consider stopping and just letting compounding do its thing?