Financial Planning
Insights & Advice

Thinking about retiring at 62 with $445K in super? Discover how to make your savings last, plan for the Age Pension, and build a confident, stress-free retirement.

Yes, you can retire at 62 with $440,000 in super. The key is managing the five-year gap before the Age Pension starts at 67. Here is what the numbers look like in 2026 and the strategies that make it work.

Can you retire at 62 with $410K in super? For homeowners with modest spending expectations, yes. Retiring at 62 rather than 60 makes a meaningful difference on this balance because the gap to the Age Pension shrinks from seven years to five. That is two fewer years of drawing down super with no other income source, which changes the maths in a real way.
$410K is above the average super balance for Australian men aged 60 to 64 ($381,000) and well above the average for women ($301,000). It sits about $220,000 below the ASFA comfortable single benchmark but well above the modest benchmark. For a homeowner with sensible spending discipline, $410K at 62 can support a modest to moderate retirement into the mid to late 80s.

Thinking about retiring at 60 with $390K in super? With careful planning, budgeting, and smart use of your super, $390K can provide a secure and comfortable retirement in Australia, bridging the gap until Age Pension eligibility.

Wondering if you can retire at 61 with $385K in super? With smart planning, disciplined spending, and strategic use of your super, $385K can support a modest yet comfortable retirement in Australia while bridging the years until Age Pension eligibility.

Can you retire at 60 with $375K in super? With careful planning, a modest budget, and smart strategies, $375K can provide a secure foundation for retirement in Australia and help cover the gap until Age Pension payments begin.