One of the most commonly asked questions we get is "How much will I need in superannuation to retire?" This calculator is designed to give you an idea of how much you need to save each year based on your current savings and investments.

Answer the questions below and then click "Calculate" to see how much you need to save to meet your desired income in retirement.

How old are you now? (18-64)
Select your sex		Female     Male
How much will you need each year in retirement?	$
How much is your superannuation currently worth?	$
How much do you currently have invested outside superannuation?	$
To generate your required income in retirement, you will need to contribute this amount each year:	$

This calculator is designed to give you an indication of the annual level of contribution required to meet your income in retirement. The calculation is based on the following assumptions, and therefore does not guarantee that the level of contribution indicated will meet your retirement income. Please consult an adviser for a complete assessment of your position.

Assumptions:

• Investment earnings are constant
• Contributions are paid annual in advance
• Contributions and retirement income increases with inflation of 3%
• Retirement age is 65
• Investment earnings are net of tax and fees
• Superannuation investment earnings before retirement are 6.5%
• Superannuation investment earnings after retirement are 7.0%
• Ordinary investment earnings are 5%
• Income in retirement is for the length of life expectancy based on the Australian Life Table 1995-1997