Retirement planning calculator

The calculator provides estimates for illustrative purposes only to show how different factors can affect the value of super benefits. It is designed as a standalone tool and should not be used to compare our taxed and untaxed funds.

We recommend that you seek financial advice before making any decisions.

Assumptions vary based on fund type and tax treatment on contributions and earnings.

You can change some of the underlying assumptions to align with your circumstances and to investigate a range of different scenarios and outcomes.

Some of the assumptions include:

• You will live to 92 years old (this is the default life expectancy according to ASIC regulations)
• You have default insurance through super
• Your employer is contributing at the minimum contribution rate
• You are paying default fees and costs
• You are eligible for the Age Pension. This shouldn't be considered an indication that you are eligible - for eligibility details, visit Services Australia
• Your money is invested in one of our Diversified options. Investment returns and inflation rates are set at default values considered the most suitable to use

There is a minimum amount that we need to pay you each financial year from your pension account. This is set by the Australian Government.

Your minimum annual pension rate depends on your age, starting at 4% of your account balance.

If you're not already retired, we'll ask you if you want to choose a transition to retirement strategy. This lets you access your super as an income stream while you're still working.

It could help you:

• Reduce working hours without reducing income
• Grow your super while receiving a pension
• Potentially increase your overall income

Read more about our Transition to Retirement Pension.