Table 11: SMSF members and non-SMSF members

These tables show the approximate age distribution of SMSF members at 30 June 2014, along with the average and median account balances for these members as reported on the 2014 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 2014	Average member balance as per 2014 SAR ($)	Median member balance as per 2014 SAR ($)
< 35	5.3%	67,471	29,612
35–49	23.9%	184,205	106,090
50–59	27.1%	471,994	263,302
60–65	17.8%	774,138	487,105
> 65	25.8%	937,168	558,860
Unknown	0.0%	418,551	259,399
Total	100%	573,808	279,818

2014 SAR member taxable income, by age range

Age range	Average taxable income	Median taxable income
< 35	76,458	59,634
35–49	131,793	79,924
50–59	130,828	73,826
60–65	91,020	42,035
> 65	78,735	30,609
Unknown	n/a	n/a
Total	108,610	57,442

2014 non-SMSF member* taxable income, by age ranges

Age ranges	Average taxable income	Median taxable income
< 35	45,539	38,561
35–49	69,001	53,888
50–59	68,769	52,105
60–65	54,376	40,584
> 65	41,324	28,941
Unknown	62,992	44,356
Total	57,797	44,734

* The non-SMSF member population are those individuals, excluding SMSF members, for whom we have received a 2014 member contribution statement.