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Superannuation Retirement Income Calculator
Current Year
Annual growth in wages for same job due to inflation.
Current Income
Estimated Inflation Rate
Current Retirement Savings (Superannuation in Australia)
Percentage of Salary put into retirement savings plan (Currently 9% in Australia)
Years until retirement
Annual tax on growth of retirement savings
(Earnings Tax - currently avg 8% in Australia)
Assumed
Yield (Income generated by Savings)
Tax rate
(Current contributions tax rate in Australia is 15%)
Retirement Year
Assumed growth (Avg growth Aust. Funds 5.5% + inflation)
YOUR PRE-RETIREMENT SCENARIO:
PROJECTED EARNINGS AND RETIREMENT SAVINGS
YOUR
RETIREMENT SCENARIO:
NEST EGG & INCOME
Annual Income at
Salary Buying Power (pre-Tax)
Total Retirement Savings to
Amount to have invested to continue living on same buying power as working salary when you retire in
Retirement Savings in
Annual Income from Savings in
Retirement
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