Superannuation Calculator

current age

30

retirement age

60

life expectancy

85

current super balance ($)

100000

current income ($)

100000

regular income increase (%)

0

lump sum income change

0

years until lump sum added

0

employer contribution (%)

9.25

personal contribution (%)

0

super fees (%)

1

super balance growth (%)

5

inflation (%)

2.5

final superannuation balance: $503,540.82

income each year in retirement: $35,727.46

(in 2015 dollars)

Superannuation involves regular payments made into a fund that accumulates over time to provide financial support in retirement. This superannuation calculator tries to accommodate many of the variables that can have an impact on a future superannuation balance. Enter your current age, your desired retirement age, and predicted life expectancy. Then add the details of your current superannuation and income situation and projected future changes (see Details for an explanation of each control). It presents the super balance at retirement and yearly income in retirement in today's dollars (in other words, adjusted for inflation), allowing for easy comparison with the current cost of living.