How does the Retirement Income Calculator work?
Our Retirement Income Calculator can help you visualise your income throughout your retirement and will take into account:
• the government Age Pension and your other income sources in retirement,
• your partner's retirement income and assets,
• the impact making lump sum withdrawals may have on your retirement income,
• how strong or weak markets may impact your retirement income, and more.
This short video will help you get the most out of our Retirement Income Calculator.
Who is the Retirement Income Calculator designed for?
The Retirement Income Calculator is designed for people that know their estimated super balance at retirement and are:
-
• no more than 5 years away from retiring, or
• currently living in retirement.
This calculator isn’t designed for Defined Benefit Division (DBD) members. If you’re a DBD member, please call Member Services on 1800 331 685 for your estimate.
If you need support while using the calculator or need guidance on what your next steps should be, you can talk to a retirement adviser at any time.
-
Things you need to know
1Calculator results are estimations only and are speculative in nature. The results are based on assumptions made about the future and the limited personal information you have provided. Calculator results should not be solely relied upon to make financial decisions. Before making decisions, you should consider your personal circumstances, objectives, and goals and consider seeking financial advice.