We've been writing a fair bit lately on how you might want to invest some of your superannuation into ASX dividend shares to secure a long-term passive income stream in your retirement years.
To be clear, it's likely not in your best interests to invest all of your super balance into the stock market.
If you are going to invest a reasonably large portion, you may want to consider investing some of that in international stocks. This way your superannuation savings aren't overly exposed to just the Aussie market.
You'll also want to keep some liquid funds handy for any unexpected costly events, so you won't need to sell any of your ASX shares during future market downturns.
With this in mind, how much you need to invest in ASX dividend shares to earn $100 a day – or $36,500 a year – will obviously depend on the yield you're earning.
While chasing a few high-yield stocks may be tempting, you'll often find that the yields look appealing because the company's share prices have fallen sharply since their last dividend declarations. That could signal lower dividend payments ahead.
You also need to be careful if you're considering buying just a few quality ASX dividend shares.
A properly diversified passive income portfolio will contain a lot more than just a few stocks. There's no magic number. But 15 is a reasonable ball park figure. Ideally, you'll own companies operating in various sectors and locations. This will reduce the risk of your passive income stream taking a big hit if any one company or sector hits a rough patch.
Which brings us back to…
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Tapping into superannuation for $100 a day in passive income
Rather than trying to build a new passive income portfolio from scratch, and researching dozens of ASX dividend shares, you might want to consider a dividend paying exchange traded fund (ETF).
Take State Street SPDR MSCI Australia Select High Dividend Yield ETF (ASX: SYI), for example.
This ASX ETF pays quarterly dividends, which can be handy during retirement if you're waiting on that next passive income payout. And management costs are just 0.20% per year.
Pleasingly, the share price has gained 7.0% in 2026. You don't want to invest your superannuation in stocks going backwards. Ideally, you want annual share price gains to at least match the inflation rate. This way inflation won't erode the real value of your superannuation investment.
The top five holdings of the State Street SPDR MSCI Australia Select High Dividend Yield ETF are:
- CSL Ltd (ASX: CSL)
- National Australia Bank Ltd (ASX: NAB)
- Australia and New Zealand Banking Group Ltd (ASX: ANZ)
- Westpac Banking Corp (ASX: WBC)
- Telstra Group Ltd (ASX: TLS).
And the ETF trades on a trailing dividend yield of 4.0%.
So, for $100 a day, or $36,500 a year, in passive income, you'd need to invest $912,500 today.
