Retirement Calculator¶
Adjust the sliders to model your super, contributions, and retirement income. All figures are estimates — not financial advice.
Working
Super only
Super + Pension
Pension only
Your details¶
Current age 63
Retirement age 70
Current super balance $250,000
Annual salary $85,000
Assumptions¶
Investment return (p.a.) 6%
Inflation (p.a.) 2.5%
Super guarantee rate 11.5%
Target lifestyle (p.a.) $70,000
Voluntary super contributions (optional)¶
Salary sacrifice (pre-tax)
Amount per year $5,000
Taxed at 15% inside super instead of your marginal rate — tax effective.
After-tax contributions
Amount per year $3,000
No extra tax — goes in from your take-home pay. Can be withdrawn tax-free after 60.
Age Pension¶
Include Age Pension
Annual pension amount $30,000
Pension access age 67
Eligibility notes:
Single non-homeowner with no assets likely qualifies for full pension once retired. Current full single rate is ~$30,000/yr. Income and assets tests apply — confirm with Services Australia before relying on this figure.
Years working
—
until retirement
Super at retirement
—
estimated balance
Drawdown from super
—
per year needed
Super lasts until age
—
—
Target lifestyle
$70,000/yr
From Age Pension
$30,000/yr
From super drawdown
$40,000/yr
Super balance over time¶
How your super grows to retirement¶
Retirement income breakdown¶
Quick scenarios¶
Early retirement (60) Your situation (70) Conservative returns Aggressive saving
Your actual figures based on the details you provided.
Year by year summary¶
| Age | Phase | Contributions | Investment growth | Drawdown | Balance |
|---|---|---|---|---|---|
This calculator provides general estimates only and is not financial advice. Figures assume consistent returns and inflation, which will vary. Age Pension eligibility depends on government means testing which changes periodically. Fund fees (typically 0.5–1%/yr) are not included and will reduce actual returns. Consult a licensed financial adviser and Services Australia for advice specific to your situation.