One study estimates that a single person needs around $50,004 a year to live comfortably in retirement. And for a couple, it's around $70,482 a year.^ You can see there's a gap between what you'll get from the Age Pension and living comfortably.
This is where your super savings fit in, as it can act as a supplement to the Age Pension.
ASIC'S Moneysmart calculators can help you work out what sort of income you'd like, and how much you'd need to save to get there.
* Figure includes the pension and Clean Energy Supplements. Department of Human Services, September 2022
Every dollar you contribute can make a big difference over time. And there are different ways you can boost your super, depending on what suits you.