• Table 11: SMSF members and non-SMSF members

    These tables show the approximate age distribution of SMSF members at 30 June 2013, along with the average and median account balances for these members as reported on the 2013 SAR. It also includes a comparison of SMSF members’ average and median taxable income to non-SMSF members’ average and median taxable income. The age ranges in these tables align with those as reported in APRA’s Annual Superannuation Bulletin.

    This is an estimate based on Australian Business Register (ABR) data.

    SMSF members and member balance, by age range

    Age range

    % of All SMSF members
    at 30 June 2013

    Average member balance as per 2013 SAR ($)

    Median member balance as per 2013 SAR ($)

    < 35

    5.7%

    61,812

    25,862

    35–49

    24.6%

    176,763

    99,500

    50–59

    28.1%

    458,931

    257,341

    60–65

    18.6%

    729,538

    458,973

    > 65

    23.0%

    875,384

    521,771

    Unknown

    0.0%

    404,365

    285,156

    Total

    100%

    534,768

    260,843

    2013 SAR member taxable income, by age range

    Age range

    Average taxable income

    Median taxable income

    < 35

    73,815

    57,422

    35–49

    124,306

    78,499

    50–59

    122,356

    70,996

    60–65

    88,022

    41,574

    > 65

    72,399

    30,605

    Unknown

    n/a

    n/a

    Total

    102,766

    56,480

    2013 non-SMSF member* taxable income, by age ranges

    Age ranges

    Average taxable income

    Median taxable income

    < 35

    44,584

    37,859

    35–49

    66,725

    52,382

    50–59

    66,195

    50,835

    60–65

    52,636

    39,856

    > 65

    40,082

    28,496

    Unknown

    58,616

    44,607

    Total

    56,093

    43,787

    * The non-SMSF member population are those individuals, excluding SMSF members, for whom we have received a 2013 member contribution statement.
      Last modified: 15 Dec 2014QC 43403