Retirement Shortfall Calculator

One of the biggest risks to a comfortable retirement is running out of money too soon. This calculator helps you determine your projected shortfall or surplus at retirement. You can also see just how long your current retirement savings will last. If your results project a shortfall, you might need to save more, earn a better rate of return, or possibly delay your retirement.

Paying extra into your super could reduce your income tax, get you a government co-contribution payment, and help you retire wealthier. The Contributions Adviser can show you how.

How to use the calculator

>Number of years in retirement:

The number of years you expect to spend in retirement. If this retirement savings plan is intended to support you and your spouse, make sure this is enough years to account for your spouse’s potentially longer lifespan.

> Annual retirement expenses:

Your after tax retirement expenses.

Since this calculator assumes that you will be paying income taxes on interest as it is earned, your expenses should be entered on an after tax basis.

Your retirement expenses are increased each year by your expected inflation rate if the “Increase expenses with inflation” box is checked.