Remember, limited services apply from 22 April ahead of the APSS merger with Australian Retirement Trust on 30 April.

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 StandardOpens in new window 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 Tracker CalculatorOpens in new window 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 PlannerOpens in new window.

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.