Enter your Australian income, what you actually save each month into Super, personal investments, or both, and your expenses. See your savings rate, years to FI, and how Australia's Super system affects your timeline.
Based on starting from zero net worth, 7% annual return, 4% safe withdrawal rate. Your nearest rate row is highlighted.
An A$100,000 gross salary yields roughly A$73,000 take-home after income tax and Medicare levy. Saving A$3,042/month (A$36,500/year) with A$3,042/month expenses gives a 50% savings rate. At 7% return, FI is reached in roughly 17 years. Additionally, your employer's 12% Super Guarantee is building a separate nest egg: on A$100k, that's A$12,000/year compounding at 15% contribution tax — well below marginal income tax rates.
Your savings rate is the single most powerful lever on your path to financial independence. In Australia, income tax plus Medicare levy typically takes 25–34% of gross pay, but the unique Super Guarantee system adds a mandatory 12% on top of salary that most Australians don't count as part of their take-home savings rate.
Australian Super advantage: Inside Super, concessional contributions are taxed at 15% (vs marginal rates up to 47%), and investment earnings are taxed at 15% in accumulation phase. After age 60, all withdrawals are entirely tax-free. The 2026 concessional cap is A$30,000/year — including the mandatory SG contributions from your employer.
Early FIRE consideration: Super is locked until your preservation age (typically 60). If you plan to retire before 60, you need enough in a personal investment account to bridge the gap. Many Australian FIRE practitioners maintain a 'two-bucket' strategy: Super for post-60 wealth, personal investments for the early-retirement bridge.
Important: figures are nominal (pre-inflation). To see real after-inflation growth, subtract roughly 2–3% from your return assumption.
Savings rate is the percentage of your take-home (post income tax, post Medicare levy) income that you voluntarily save or invest each month — separate from the mandatory Super Guarantee.
In Australia, income tax + Medicare takes a significant portion. Your voluntary savings rate from take-home pay is the number you control — it grows your portfolio and lowers your FI target simultaneously.
At 50% of take-home you can reach FI in roughly 17 years. Australian FIRE practitioners often use a two-bucket approach: maximising concessional Super contributions + personal investments to reach FI before Super access age.
Your savings rate determines both your annual investment and your spending level (FI target = 25× annual expenses at 4% SWR). The higher the rate, the faster the portfolio grows and the lower the target.
Inside Super, concessional contributions are taxed at 15% and earnings at 15% in accumulation; after 60, withdrawals are entirely tax-free. Outside Super, long-term capital gains get a 50% discount and dividend imputation credits can reduce or eliminate tax on Australian dividends. Early FIRE requires a personal investment account for the bridge to Super access age.
ProFinanceCast tracks your savings rate, Super balance, and personal investment growth over time — and shows which change moves your FI date most. Free forever for the core forecast.