Our retirement planner calculator estimates how much super you will have when you retire as well as the anticipated gap between your estimated super balance and how much super you may need. This calculation is based on your current investments and assets. All scenarios assume you have no accommodation expenses and that this will continue throughout your retirement (e.g. you own your own home).

Please note the results provided by this calculator are an estimate only. This calculator is not intended to be relied on for the purpose of making a decision in relation to a financial product. Consider whether you need financial advice from a qualified advisor before making any financial decisions. This calculator has limitations, read the detailed assumptions and disclosures below.

This calculator is designed to provide you with an estimate of whether your superannuation contributions will meet your retirement income objectives. It is not to be relied upon for the purposes of making a decision in relation to a financial product. It is not a recommendation or opinion about superannuation or any other product and is not intended to replace personal financial advice.

Before making a purchase decision in relation to a financial product, consider obtaining advice from a qualified financial services advisor and read the Product Disclosure Statement. The results are based on default assumptions that are built into this calculator. The assumptions built into this calculator do not take into account your individual circumstances and do not relate to a particular financial product. This calculator is for general guidance only and does not take into account your personal objectives, financial situation or taxation needs.

The Calculator cannot take into account changes in your personal circumstances, actual future investment returns, inflation or future changes to the Age Pension and tax regulations.

Results are shown in today’s dollars. Showing results in today’s dollars allows you to consider your future retirement income in the context of the cost of today’s goods and services and your current standard of living. The ‘today’s dollar amounts’ have been calculated by deflating the projected dollar amounts based on the assumed rate of wage inflation as described on the Assumptions panel.

The calculator provides an estimate of the amount you would need to save in order to meet your retirement income objectives. If you have included your partner’s details, the results apply to you and your partner together.

This calculator is a tool designed to help you determine whether you and your partner’s retirement savings will provide you the retirement that you both want to enjoy. It builds a projection of your savings and compares it against the estimated financial needs in retirement of you and your partner, based on the category you selected.

The aim of this calculator is to Identify any gap between your projected income from superannuation savings at retirement and your desired retirement income.

The calculator also aims to show you how different factors such as your current age, your planned retirement age and current annual income could impact your retirement savings and encourage you to actively manage your superannuation.

This calculator is for general guidance only and does not take into account your personal objectives, financial situation or taxation needs.

There are many factors in addition to the above that you may wish to consider in relation to retirement income. The calculator does not take into account all information relevant to you. The calculator does not take into account current or future interest rates, your ongoing ability to earn income, taxation obligations and structuring, or your future expenses such as cost of living increases. It does not take in account any specific product limitation or cover limits.

Key inputs

The Calculator uses default assumptions about future investment returns and inflation which are based on government and industry body standards and are considered reasonable at the date of publishing.

  • Investment rate of return during accumulation phase is 7% p.a.
  • Investment rate of return during draw-down (pension) phase is 6% p.a.
  • Super fund fees are 1% p.a.
  • Total inflation is 4% p.a. (2.5% p.a. CPI plus 1.5% p.a. additional rise in living standards)
  • Annual salary will increase at the same rate as CPI
  • Tax on super guarantee contributions is 15%
  • Incomes for lifestyle levels are based on the Age Pension and ASFA Retirement Standard