Will You Have Enough to Retire?

Australia's most comprehensive retirement calculator

Get personalized insights with Monte Carlo simulations, Age Pension calculations, property analysis, and AI-powered recommendations.

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No signup required • 100% free • Your data stays private

What Makes This Calculator Different?

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Conservative Projections

Uses 30-year Australian historical averages. No overly optimistic assumptions, no doomsday scenarios - just realistic planning.

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Age Pension Estimates

Accurate calculations based on current Services Australia rules, including asset tests, income tests, and deeming rates.

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Monte Carlo Simulation

Runs 1,000+ scenarios to show your probability of success. See the full range of possible outcomes.

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Property Analysis

Should you sell investment properties? Downsize your home? Get detailed cash flow and CGT analysis.

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AI Recommendations

Personalized suggestions across 8 strategic areas. Get specific actions you can take to improve your retirement.

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Overseas Retirement

Planning to retire abroad? Model Age Pension portability, currency risk, and cost-of-living in 8+ countries.

How It Works

Your Risk Profile

Risk Capacity
Calculating...
Risk Tolerance
Set below
Risk Requirement
Calculating...

Personal & Risk Profile ⭐ Core Fields

i Your Current Age Enter your age today. This affects superannuation preservation rules, age pension eligibility, and asset allocation recommendations.
Example: If you're 49, you can access superannuation at 60
i Partner's Current Age Your partner's age affects age pension calculations as couple rates apply when both are eligible. Leave blank if single.
Example: Younger partner delays full age pension benefits
i Your Retirement Age Age when you plan to stop working. Consider: Age pension starts at 67, but you can access super from preservation age (60-65 depending on birth year).
Example: Retire at 65, bridge gap until age pension at 67
i Your Expected Lifespan How long you expect to live. Australian life expectancy is ~81 for men, ~85 for women. Planning to 90+ ensures your money doesn't run out.
Example: Plan to 95 for conservative estimates

Risk Tolerance Assessment

Quick Start (5 minutes)

Answer simple questions about your age, income, super balance, and goals. We handle all the complex calculations.

Current Finances

i Your Annual Salary (pre-tax) Gross income before tax and super. Used for tax calculations, super guarantee contributions (12%), and retirement projections.
Example: $100k salary = $12k super + $76k take-home (approx)
i Your Current Superannuation Total super balance today across all funds. Check your myGov account or latest super statement for accurate figures.
Example: $300k at age 50 could grow to $800k+ by retirement
i Current Cash/Savings Bank accounts, term deposits, cash investments. Include emergency fund and any cash earmarked for retirement.
Example: $50k emergency fund + $75k investment cash = $125k
i % of Post-Tax Income Saved Percentage of after-tax income you save for retirement (excluding super). Higher savings rates dramatically improve retirement outcomes.
Example: Save 10% of $80k take-home = $8k annually

Property Portfolio Optional

Primary Residence

i Current Home Value Today's market value of your primary residence. Use recent sales of comparable properties or professional valuation. Home value affects age pension asset test but is partially exempt.
Example: $800k home may add ~$200k to age pension assets test
i Plan to Downsize? Whether you plan to sell and buy a smaller/cheaper home in retirement. Downsizing can free up capital and reduce living costs. The downsizer contribution allows up to $300k into super.
Example: $1.2M home → $800k apartment = $400k freed up

Investment Property

Get Your Reality Check

See your projected retirement income, identify shortfalls, and get 3-5 prioritized actions to improve your outcome.

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Try What-If Scenarios

Explore different strategies: save more, work longer, downsize property. See instant impact on your retirement.

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Deep Dive (Optional)

Access Monte Carlo simulations, property analysis, overseas retirement planning, and comprehensive recommendations.

Economic & Asset Allocation 💡 Advanced

i Annual Inflation Rate (%) Expected long-term inflation rate. RBA targets 2-3% annually. Higher inflation erodes purchasing power, requiring larger retirement balances to maintain lifestyle.
Example: 3% inflation means $100 today = $74 purchasing power in 10 years
i Super Annual Growth (%) Expected annual return for your superannuation. Balanced super funds historically return 7-9% long-term. Growth options may achieve 9-11% but with higher volatility.
Example: 8% return doubles super balance roughly every 9 years

Dynamic Asset Allocation

Current Recommended Allocation
Calculating...

Franking Credits

Average dividend yield for Australian equities

Percentage of dividends that are franked

Scaling factor based on tax position (1.0 = full benefit)

Salary Progression

Australian Pension System Optional

March 2025: $73,875 comfortable, $48,184 modest

i Pension Asset Threshold (Couple) Asset value below which couples receive full age pension. Above this threshold, pension reduces by $3 per fortnight for every $1,000 in excess assets. Home is partially exempt.
Example: $500k assets = reduced age pension of ~$43k/year

Simulation Controls

i Return Volatility (%) Standard deviation of annual returns (risk measure). Conservative portfolios: 5-8%, Balanced: 10-15%, Growth: 15-20%. Higher volatility means more variable year-to-year returns.
Example: 12% volatility means returns typically vary ±24% from average

Your Retirement Reality Check

YOUR GOAL
Retire at age 65 (12 years from now)
Comfortable lifestyle: $73,000/year
YOUR PROJECTION (Conservative)
Superannuation at retirement: $380,000
Age Pension: $18,000/year
Your annual income: $33,200/year
Based on conservative 6.5% super returns, 2.6% inflation
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$17,800/year
$342/week shortfall

Your Action Plan

Choose 2-3 of these strategies to close the gap. Each shows the exact impact on your retirement income.

What-If Calculator

Try different scenarios to see their impact. Adjust the sliders to explore options.

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Enhanced Retirement Summary

AI-Powered Recommendations

    AI-Powered Recommendation Engine

    This engine analyzes your financial situation and runs dozens of scenarios to identify the most impactful strategies to improve your retirement outcome. Click the "Generate AI Recommendations" button to start.