RetireAtlas
Australia retirement planning
Free retirement planning tool

Australia Retirement Calculator

Explore how your super, savings, retirement spending and inflation could affect your future. See projections in today's Australian dollars and a separate, simplified Age Pension estimate.

Planning estimate only. This tool is not financial, tax or Centrelink advice. The Age Pension section covers standard cases and does not determine eligibility. Confirm your circumstances and current rules with Services Australia and a licensed professional before making decisions.

Your retirement plan

Age and timing

Used to estimate how long your savings may need to last.

Starting balances

Annual contributions before retirement

Assumed to be eligible ordinary-time earnings, excluding employer super. Used only to estimate employer Super Guarantee contributions.

The model assumes employer contributions are reduced by a 15% contributions-tax allowance, with salary and annual contributions held constant in nominal dollars. It does not model the maximum super contribution base, concessional contribution caps, Division 293 tax, salary growth or eligibility exceptions.

Important modelling assumptions: This calculator is an educational estimate, not a forecast. It applies a 15% allowance for tax on employer super contributions but does not model investment fees, tax on investment earnings within super, or tax that may apply to withdrawals. Actual retirement balances may be lower or higher than projected. Check your super fund's fees and tax arrangements before relying on the estimate.

Assumptions

Returns and inflation are user-selected assumptions, not forecasts. The model treats contributions as year-end deposits and spending as a constant real amount.

Age Pension estimate

For a standard in-Australia case, using rates and thresholds effective 20 September 2026. Couple calculations assume both partners qualify for the standard pension rate.

Enter combined assets for a couple. Exclude the principal home if it is exempt; include other assessable assets.
Must be part of the total assets above, not an additional amount.
Exclude deemed income from the financial assets entered above. For a couple, enter combined income.
This simplified estimator does not model residency, overseas payment rules, Work Bonus, rent assistance, transitional rates, compensation payments, permanent blindness or every superannuation exception. It should not be used to decide whether to apply.

Your retirement projection

Projected balance at retirement
—
Future AUD, before retirement withdrawals
In today's dollars
—
Purchasing power after inflation
Annual target spending
—
In today's dollars
Estimated real annual return
—
After assumed inflation

How much of your target is funded?

Approximate capital needed at retirement—
Projected surplus / shortfall—

Age Pension result

Estimated household rate
—
Per fortnight before tax; standard rules only
Annualised estimate
—
Fortnightly estimate × 26
Deemed financial income—
Income-test estimate—
Assets-test estimate—

Age Pension is shown separately and is not automatically added to the retirement savings projection. Actual rates depend on full Centrelink assessment and personal circumstances.

How to interpret your results

What does “today's dollars” mean?

Future balances are divided by the assumed inflation factor. This expresses the estimated balance as purchasing power in today's money, so it can be compared with today's spending target.

How is the savings projection calculated?

The calculator grows super and other savings using your assumed investment return. Employer contributions are estimated from salary and the entered super rate, with a 15% contributions-tax allowance. Extra annual savings are added separately. Contributions stop at your selected retirement age.

How is the Age Pension estimated?

The calculator estimates deemed income, then applies standard income and assets tests and selects the lower result. It uses official published rates and thresholds dated 20 September 2026 for standard domestic cases. It does not reproduce every Centrelink rule.

What should I do next?

Try lower and higher return and inflation assumptions, check how long your savings may need to last, and compare the results with your expected spending. Consider independent financial advice before making decisions.

Australian Superannuation and Age Pension: Helpful Next Steps

This calculator provides an educational projection of super and other savings in today's Australian dollars. Its simplified Age Pension estimate is separate from the savings projection and is not an official Centrelink assessment.

When can I access my super?

Access generally depends on reaching your preservation age and meeting a condition of release. Check the current rules with the Australian Taxation Office guidance on accessing super and your super fund.

When can I apply for the Age Pension?

Age is only one part of eligibility. Residency, income and assets rules also apply. Use the official Moneysmart Super and Pension Age Calculator and confirm your circumstances with Services Australia.

Where can I compare super fees and contributions?

The government’s Moneysmart Superannuation Calculator can help you explore how contributions, fees and investment assumptions affect your super balance.