I have a Django 1.7 project that uses Postgres 9.3. I have a table that will have rather high volume. The table will have anywhere from 13million to 40million new rows a month.
If you are using newer version of PostgreSQL, you can try this
https://github.com/chaitin/django-pg-timepart
A Django extension that implements PostgreSQL tables for partitioning and management based on dates.