September could be a good time to look at the income side of your portfolio.

But which ASX dividend shares could be worth considering this month?

Three shares that I think could be strong picks for passive income are listed below. Here’s what you need to know about them:

APA Group (ASX: APA)

APA Group could be an ASX dividend share to consider in September. It owns and operates a large portfolio of energy infrastructure assets across Australia.

This includes gas pipelines, processing assets, storage facilities, electricity transmission assets, and other infrastructure that helps move energy from where it is produced to where it is needed.

That gives APA Group a different profile to many other income shares. Its assets are tied to the movement of energy, which remains essential for households, businesses, and industry.

A large portion of APA Group’s earnings is supported by long-term contracts and regulated assets. This can provide a level of income visibility that is attractive for dividend investors.

Energy markets are changing, but Australia will still need reliable infrastructure for a long time.

Based on current estimates, APA Group offers a FY 2027 dividend yield of approximately 5.4%.

Charter Hall Long WALE REIT (ASX: CLW)

A second ASX dividend share for income investors to look at is Charter Hall Long WALE REIT.

This real estate investment trust (REIT) owns a portfolio of properties leased to government, corporate, and major tenant customers.

As its name suggests, a key feature is its long weighted average lease expiry. That means many of its properties are leased for long periods, which can provide better visibility over future rental income.

The portfolio includes assets across areas such as government, social infrastructure, industrial, convenience retail, and other essential or mission-critical properties.

Charter Hall Long WALE REIT has not been immune to higher interest rates and property market pressure. But its long leases and quality tenant base remain attractive features for income investors.

For FY 2027, the market is expecting Charter Hall Long WALE REIT to offer a dividend yield of roughly 7.3%.

HomeCo Daily Needs REIT (ASX: HDN)

Finally, HomeCo Daily Needs REIT is an ASX dividend share to consider.

The property company owns convenience-focused assets across neighbourhood retail, large-format retail, health, and services.

These are properties linked to things people keep using. Its tenants include supermarkets, pharmacies, healthcare providers, pet stores, childcare operators, and other daily-needs businesses.

That does not make the REIT risk-free, but it does give its portfolio a practical defensive quality.

People may delay big purchases when household budgets are tight, but groceries, healthcare, medicines, and essential services remain part of everyday life.

This can help support rental income and dividends through different market conditions.

At current levels, HomeCo Daily Needs REIT is expected to offer a FY 2027 dividend yield of around 7.7%.

The post 3 strong ASX dividend shares with yields up to 7.7% appeared first on The Motley Fool Australia.

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• 3 ASX dividend shares raising dividends like clockwork

At age 64, you’re approaching the final few years before you can retire and enjoy the superannuation you’ve worked hard to accumulate.

But do you know if you actually have enough money in your account to live the retirement lifestyle you’ve planned?

Or how your super compares to others the same age?

Here’s a breakdown of the average superannuation balance for Australians aged 64, and how much you actually need to retire well.

How does yours stack up?

The average superannuation balance for Australian men aged 64 in FY27

There aren’t exact figures for the average balance at age 64, but the Association of Superannuation Funds of Australia (ASFA) provides a bracket which can be used as a starting point.

The data shows that the average Australian male aged 60 to 64 has around $395,852 in their superannuation.

But as age 64 is right at the top of that age bracket, it can be helpful to look at the one above too.

ASFA’s data shows that the average superannuation balance for Australian men aged 65-69 is $448,518.

And the average superannuation balance for Australian women at age 64

Women in the same age bracket have a lot less. The average balance for Australian women aged 60 to 64 is around $313,360. That’s a gap of around $83,000 compared to men the same age.

For the age bracket above, the gap is a little lower. The average superannuation balance for women aged 65 to 69 is $392,274. That represents a gap of around $56,000 when compared to men in the same age bracket.

The gap is mostly due to women taking extended periods out of the workforce, during which time they receive little to no compulsory employer superannuation. 

How does your super balance stack up with men and women the same age as you?

And most importantly, how does your balance compare with what you actually need to retire comfortably?

How much super do I actually need to retire comfortably?

ASFA estimates that it’ll cost single Australians around $55,923 per year to retire comfortably. Couples living together will need to have closer to $78,566 per year combined to finance a comfortable retirement.

These figures also assume you’ll start your retirement at age 67. It also assumes that you’ll receive a part Age Pension around this time and that you own your home outright.

In order to fund a comfortable retirement, ASFA calculates that single Australians will need around $630,000 in their superannuation at age 67. Meanwhile, couples will need around $730,000 combined at the same age.

To reach this goal, at 64, all Australians should aim to have around $581,000 stashed away in their superannuation.

As you can see, the amount you need to retire comfortably is significantly higher than the average superannuation balances for either age bracket.

Help! I’ve fallen behind. What can I do to boost my balance before it’s too late?

At age 64, it’s not too late to boost your superannuation balance before you decide to stop working.

My first tip is to ensure that your super fund is performing well and that your investment strategy and risk profit are appropriate for your circumstances. 

Then you’ll need to add extra contributions wherever you can. Take advantage of concessional and non-concessional limits and any potential tax reduction that may come with it.

Also take advantage of any applicable government contributions that might help your personal circumstances. There is a downsizer contributions rule, a bring-forward rule, a government co-contribution rule, and many others.

Anything you do today can help boost your compound growth.

The post The average superannuation balance for 64 year olds in Australia in FY27 appeared first on The Motley Fool Australia.

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• 5 things to watch on the ASX 200 on Tuesday

Motley Fool contributor Samantha Menzies has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

On Tuesday, the S&P/ASX 200 Index (ASX: XJO) had a subdued session and edged lower. The benchmark index fell 0.1% to 9,066.7 points.

Will the market be able to bounce back from this on Wednesday? Here are five things to watch:

ASX 200 to sink

The Australian share market looks set for a disappointing session on Wednesday following a poor night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 78 points or 0.85% lower. In the United States, the Dow Jones fell 0.8%, the S&P 500 dropped 0.7%, and the Nasdaq sank 1%.

Oil prices jump

ASX 200 energy shares Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could have a good session on Wednesday after oil prices jumped overnight. According to Bloomberg, the WTI crude oil price is up 5.7% to US$90.65 a barrel and the Brent crude oil price is up 5.1% to US$95.13 a barrel. This was driven by an escalation in US-Iran tensions.

Buy Catalyst Metals shares

Bell Potter thinks that Catalyst Metals Ltd (ASX: CYL) shares could be worth considering. This morning, the broker has retained its buy rating on the gold miner’s shares with a trimmed price target of $12.80 (from $13.25). It said: “FY26 was a significant year for CYL, building operationally and financially YoY, achieving guidance. Our FY27 outlook remains unchanged (128koz for $2,833/oz AISC), subject to the September 2026 guidance and strategy release. We lower our TP to $12.80/sh and retain Buy.”

Gold price tumbles

ASX 200 gold shares Westgold Resources Ltd (ASX: WGX) and Northern Star Resources Ltd (ASX: NST) could have a poor session on Wednesday after the gold price tumbled. According to CNBC, the gold futures price is down 2.4% to US$4,375 an ounce. A stronger US dollar and US treasury yields weighed on the precious metal.

Buy GrainCorp shares

Bell Potter is also tipping Graincorp Ltd (ASX: GNC) shares as a buy this week with an improved price target of $7.15 (from $5.90). Commenting on its recommendation, the broker said: “The ABARE crop report is positive and likely to lead to consensus upgrades. However, the margin backdrop at this point, in terms of both grain basis and oilseed crush margins, looks possibly the strongest it has for three years. To us this is key, as consensus FY27e expectations (which this crop estimate underwrites) looks to be carrying forward the margin environment of FY25-26e, which was materially weaker. This implies that there is both volume and margin upside potential within consensus FY27e expectations.”

The post 5 things to watch on the ASX 200 on Wednesday appeared first on The Motley Fool Australia.

More reading

• The average superannuation balance for 64 year olds in Australia in FY27
• This exciting ASX 300 stock has 89% upside: Broker
• Santos shares rebound 8% in a month: Buy, sell or hold?
• ASX gold shares have surged 34% in a month. Morgan Stanley says this could come next
• The ASX 200 is falling again. What’s behind the sell-off?

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.