Retirement tracker
Where could your super be heading?
Adjust your current position and see an illustrative balance at retirement.
About this estimate
The projection assumes a constant 6% annual return after investment fees and earnings tax, 15% contributions tax on employer contributions, contributions at year end and no salary change. Real returns vary and can be negative.
Figures are future dollars and are not adjusted for inflation. Insurance premiums, administration fees, contribution caps, high-income tax and individual tax components are not modelled.
Use the result well
What this projection is showing
The estimate grows your current balance and future employer contributions at one constant annual rate. It is useful for seeing the effect of time, salary and regular contributions, but real markets do not return the same amount each year and a fund will also apply its own fees, tax and insurance costs.
Read the result as a scenario in future dollars, not a promise of purchasing power. Inflation means the same dollar amount will generally buy less at retirement. Compare it with a cautious case and use a more detailed retirement planner before setting an income target.
How to improve the inputs
Use the combined balance of accounts you expect to keep and salary that attracts employer super. If retirement is close, model an earlier date as well as the preferred date; redundancy, health and caring can bring the final work date forward.
Check your latest statement for fees and investment mix, and include other retirement income such as savings, a partner’s super and possible Age Pension separately. The account balance is only one part of a retirement plan.