Need advice?

All APSS members can access free general advice by contacting SuperPhone1300 360 373. However, our service representatives are not licensed to provide personalised advice.

If you would like additional or personalised financial advice, you are free to choose any financial planner you want.

The APSS Trustee has a relationship with State Super Financial Services Australia Limited, trading as ‘StatePlus’ (StatePlus), who are a licensed financial planning group (ABN 86 003 742 756, AFS Licence No. 238430). General advice is available over the phone or at a face to face appointment with a StatePlus financial planner at a location convenient to you. These services are particularly valuable for those considering retirement, resignation or redundancy. This initial consultation is provided without cost or obligation by StatePlus. To access these services, call 1800 620 305. If using this service, remember that StatePlus is responsible for the advice given to APSS members under this arrangement.


Planning for retirement

Plan for retirement by estimating out how much super you might need, and what money you’re likely to have in retirement.

When you retire, you may live for another 20 years or more. You’ll need money to meet your day-to-day expenses, and you might want more to do the things like travel, play a sport or pursue a hobby; or in case you need it for a major expense like buying a new car.

How much will I need?

The Association of Superannuation Funds of Australia (ASFA) updates its Retirement Standard each quarter to benchmark the annual budget needed by Australians to fund either a comfortable or modest standard of living in their retirement years. The quarterly updates take account of inflation, and provide detailed budgets of what singles and couples would need to spend to support their chosen lifestyle.

ASFA also has a Retirement Standard Calculator designed to check what budget you will need in retirement.

Am I on track?

To get an estimate of how much your APSS benefit could be worth in retirement, try out ASIC's MoneySmart Retirement PlannerRetirement Standard Calculator.

If you are a permanent employee member, you can also login to access your Retirement Simulator to estimate your future retirement savings. You can also adjust some of the settings (e.g. your retirement age, personal contributions and investment returns) to see what a difference your choices could make to your future benefit. The simulator also illustrates what income you may have from super and the Government's Age Pension.

You can also adjust some of the calculator assumptions - particularly things like personal contributions, investment returns, retirement age, etc. - to see what a difference this could make to your overall retirement savings and retirement income.

Note: While calculators can be a useful way to consider different future scenarios they can only ever be estimates. It's always a good idea to discuss your investment strategy and choices with your financial adviser before making decisions about your super savings.