Benchmarks

How do you compare to other Australians?

Median net worth, target savings rates, and household spending averages — by age bracket, sourced from ABS HES, ATO data, and APRA. Use these as a sense-check, then track your real numbers in Frank.

Net worth by age

The on-track number for an Australian.

"Net worth" = everything you own (home, super, investments, cash) minus everything you owe (mortgage, HECS, credit cards). These are the figures most personal-finance researchers cite as median, on track for a working-age Australian.

Age 25

$50,000

Age 30

$150,000

Age 35

$300,000

Age 40

$500,000

Age 45

$700,000

Source: composite of ABS Survey of Income & Housing (SIH) median household wealth + financial-literacy research targets. Includes super.

Target savings rate

% of net income kept

Age 25
10%
Age 30
12%
Age 35
15%
Age 40
15%
Age 45
18%

Below this and your retirement timeline slips. Above it and you're outperforming most of your cohort.

Monthly surplus target

After expenses, before investing

Age 25
$500
Age 30
$1,000
Age 35
$1,500
Age 40
$2,000
Age 45
$2,500

What's left after rent / mortgage, bills, food, and discretionary spend — directable to investments, debt, or super.

Household spending

Where the average AU household's money goes.

Discretionary categories only — excludes rent / mortgage, utilities, and insurance, which vary too much by location to benchmark cleanly. Total below is monthly across these eight categories.

Groceries
$650
Transport
$420
Shopping
$350
Entertainment
$210
Dining out
$180
Healthcare
$150
Clothing
$130
Subscriptions
$85
Discretionary total$2,175/mo

Source: ABS Household Expenditure Survey adjusted to 2024 dollars. Means, not medians — extremes pull the average up.

Asset allocation by age

How a balanced portfolio shifts as you age.

At 25 most of your wealth is cash + a tiny bit of super. By 45 most of it should be in property, shares, and super — with cash held only for emergencies. These are reasonable defaults, not personal advice.

AgePropertySharesSuperCashOther
Age 250%20%30%40%10%
Age 3020%20%30%20%10%
Age 3530%20%30%15%5%
Age 4035%20%30%10%5%
Age 4535%20%35%5%5%

Source: composite of APRA superannuation default-fund glide paths and ABS Survey of Income & Housing household-asset composition by age. Indicative only — actual targets depend on goals, risk tolerance, and household structure.

See where you stand.

Frank pulls your real numbers and shows you against these benchmarks live — net worth, savings rate, allocation. No spreadsheet required.

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