Does Super Count Towards Your Net Worth?

Yes.

Super is money you own. It's invested in your name, it grows over time, and your fund holds it on your behalf. That makes it an asset, and assets count.

Why people aren't sure

Super is locked until you reach preservation age: currently 60 for most people. You can't pull it out to pay rent or invest in shares. That makes it feel less real than money sitting in your savings account.

But locked doesn't mean it doesn't exist. A house you can't sell quickly is still an asset. Super is the same.

How to include super in your net worth

Add your current super balance as an asset. Your fund's app or annual statement will show it. Use whatever the current balance is on the day you're taking your monthly snapshot.

If you've got multiple funds from switching jobs, add them all. It's common to have more than one and forget about them.

Lost super

Australians collectively hold billions in lost and unclaimed super; accounts people have forgotten about after changing jobs or addresses.

Before you lock in your super balance, it's worth checking whether you have more than you think. You can search for lost super through your MyGov account under the ATO section. If you find old accounts, consolidating them into one fund is usually worth doing for simplicity.

Super might be locked away, but it's still yours. Include it.

Super is one of the biggest assets most Australians will ever build. Leaving it out of your net worth means you're working with an incomplete picture.