Superannuation projection calculator

Super Balance Calculator Q&As

• How much super will I have?

  This calculator estimates what you’ll retire on when the time comes, and how much income you could receive. It also shows how adding even a small amount extra each year into your superannuation can make a huge difference to your retirement lifestyle down the track.

• Not the super amount you were expecting?

  Were you banking on having more in retirement than the projector has estimated? There are two excellent ways to boost your retirement and save on tax now

  • Salary sacrifice
  • Tax deductible super contributions

  Both allow you to make your own contributions into your super account and generally take advantage of lower tax rates. You can also make payments into your partner’s super account, so you’ve both got more to spend when you retire. 

  You might also choose to delay full retirement by transitioning to retirement instead. This gives you the option of reducing your work hours, while topping up your work income with a bit of super.

• Does the calculator include the age pension?

  Yes, it does. If there’s a chance that you’ll qualify for the Commonwealth age pension when you turn 67, this will be taken into account and shown in yellow on the results graph.

• How long will my super last in retirement?

  The superannuation calculator not only provides an estimate of how much super you’ll have, but also gives you a good idea of how long it’ll last. You can then adjust your retirement settings and see how those changes will affect the duration of your super. Depending on your potential eligibility, the calculator can also include the Australian age pension.

• How long will my money from super and investments last in retirement?

  The calculator can take investment income etc into account when providing an immediate estimate on how long your money will last. The calculator lets you include investments and other assets to get a more complete picture of your retirement income from all sources – even the age pension if you’re potentially eligible.

• I need a divorce superannuation calculator

  Every divorce settlement is different, with conditions set out by agreement between the individual parties rather than via a calculator such as this one. Remember though, it’s handy to know how much both you and your partner have in super when arranging a divorce settlement.

• Is the calculator specifically for superannuation in Australia?

  Yes it is. Australia’s superannuation system and laws are not like those in other countries, which is why the super balance calculator has been specifically designed to take into account many uniquely Australian factors, such as the age pension criteria, cost of living, tax benefits, investment returns and lifestyle.