$
$
%
$/mo
Enter the amount you actually pay. Leave at $0 only to use the calculated 30-year minimum.
Household
You
yrs
yrs
yrs
Enter 65โ120 for a fixed planning horizon. Enter 0 to simulate until the money runs out (models to age 120 โ useful for stress-testing longevity risk).
Female life tables โ mean ~87 ยท Male โ ~84 (ABS 2020-22). Used only when Monte Carlo longevity sampling is enabled.
Your AU residency & earnings history
yrs
Used for Age Pension AWLR. 10 years for full pension. Leave 0 if born in AU.
yrs
Partner
yrs
yrs
yrs
Enter 0 to simulate the partner to age 120 (open-ended).
yrs
yrs
Behavioural assessment
Employment income
Partner income and super fields are hidden and excluded while Household is set to Single. Switch to Couple to restore the saved partner values.
$/yr
Some employers quote salary as base salary plus super; others quote a total package including super. This calculator converts package-inclusive income into cash salary and employer SG before running tax and retirement projections.
$/yr
Superannuation balance
$
$
Outside super
$
$
$/mo
Franked dividends Advanced modelling inputs
%
Used by the existing franking-credit model for shares and ETFs outside super.
%
Typical ASX fully/partly franked mix. Higher values increase the refundable tax-credit benefit.
%
Share of the equity portfolio assumed to receive Australian franked dividends.
Current household cashflow
Off: spending is estimated from ABS household averages using your household type, dependents, healthcare and rent. On: enter your exact total below and it will be used as-is.
$/mo
Leave at 0 to estimate take-home income from salary, salary sacrifice and private health cover.
$/mo
Include all living, housing and healthcare costs. Exclude mortgage repayments, monthly investing and salary sacrifice โ they are accounted for separately.
Super strategy
$/yr
Pre-tax. Auto-filled with your remaining concessional cap after employer SG. Edit to override.
$/yr
Auto-filled with partner's remaining concessional cap after employer SG. Edit to override.
%
$
Calculated after income details are entered.
Use this if your employer contribution differs from the standard SG calculation, for example due to package structure, negotiated contributions, or payroll treatment. For package including super, override employer SG will recalculate cash salary within the package.
$/yr
$/yr
$/yr
$/yr
$
$/yr
Up to $540 tax offset for contributions to a lower-earning spouse.
First Home Super Saver (FHSS)
$
Voluntary contributions already eligible for FHSS withdrawal. Lifetime cap $50,000 (from 1 July 2022); max $15,000 per financial year.
$/yr
Additional voluntary contributions for FHSS each year (max $15,000/yr, on top of salary sacrifice above). Subject to the $50,000 lifetime cap.
Reduced income scenario
yrs
$/yr
yrs
$/yr
Additional income sources
$/yr
$/yr
$
$/yr
Regular voluntary support to family members (parents, siblings, relatives). Always applied to projections โ separate from the carer expense below.
Ongoing legal obligations
โ๏ธ
Spousal maintenance and child support reduce your savings capacity but are not deductible for the Centrelink income test โ they do not directly reduce your Age Pension assessment. Super is unaffected (super splitting is a separate one-time event).
$/yr
yrs
Under Family Law Act 1975. Can end on recipient remarriage, court variation, or a set date. Enter your age at the expected end. Set to 0 for ongoing (open-ended orders).
$/yr
yrs
Under Child Support (Assessment) Act 1989 โ typically ends when the youngest child turns 18 or completes Year 12. Payments are removed from projections after that year.
Family carer
%
Estimated % reduction in income/work capacity while caring
yrs
Non-citizen parents overseas do not receive the Australian Age Pension
$/yr
Funds sent or spent supporting parents โ reduces your savings capacity
Primary residence
Your living arrangement affects the Age Pension assets test. Homeowners have a lower asset threshold for the full pension.
$/mo
As a renter, you are classified as a non-homeowner for the Age Pension assets test. Non-homeowner thresholds are higher by ~$258,000.
If you downsize, you may contribute up to $300,000 (each) of proceeds into super outside the usual contribution caps. Must be aged 55+ and have owned the home for 10+ years. Enable only if you plan to downsize.
yrs
$
$
Strata or village service fees for the downsized property.
%
Agent fees, stamp duty, legal costs and moving costs deducted from released equity.
Other debts
$
%
$
%
$
%
$
Investment property
Affects capital growth rate and strata levy. Houses have higher long-run capital growth (land appreciates); units have lower growth but higher rental yield and ATO depreciation benefits. Strata levies auto-fill for units and townhouses.
$
Body corporate levies (admin + sinking fund). Auto-filled when property type is set. Override if you know your actual levy. Typical ranges: walk-up $2kโ$4k, mid-rise $4kโ$8k, high-rise $8kโ$20k+/yr. Not applicable for houses.
$
$
%
$
%
Effective marginal rate after any CGT discount. Tax advice may be required.
$/wk
$
Rates, insurance, maintenance, property management. Excludes strata levy (entered above) and land tax (auto-filled below).
$
Auto-filled for states with configured brackets; override if your assessment differs.
%
Your expected long-run median growth rate. The simulator applies a structural adjustment (โ1.5 pp for units, โ0.5 pp for townhouses) relative to this figure to reflect lower land content.
%
yrs
0 means hold indefinitely. A positive year triggers the existing CGT sale path in that projection year.
%
Inflates landlord operating expenses separately from general CPI.
Self-Managed Super Fund (SMSF)
โ ๏ธ
SMSF regulatory note: ASIC recommends a balance of at least $200kโ$500k to justify ongoing costs. Balances below $300k may result in higher fees as a proportion of assets. Read the SMSF guide โ
โ ๏ธ
SMSF balance below $300,000 โ admin costs may represent a disproportionate share. Consider consolidating into a retail or industry super fund.
$
Audit, accounting, ASIC fees, and admin (typically $3,000โ$6,000/yr)
Stored with your profile for reference and reporting
Trust assets & control
โน๏ธ
Trust assets may be attributed to you for Age Pension means testing if you have control. Consult a financial adviser. Trusts & companies guide โ
$
Total trust assets minus liabilities
%
% of trust assets attributed to you (100% = high control)
$
Actual distributions received in last financial year
%
Effective rate on undistributed income (typically 30โ47%)
$
Total distributions to all beneficiaries (income test)
%
% of trust distributions allocated to you (income test)
ASFA Dec 2025 quarter. Couple: Modest $47,383 ยท Comfortable $73,337. Premium ($110k) is a planning estimate. Figures update automatically when you switch to Single above.
$/yr
ASFA Dec 2025 quarter. Couple: Modest $47,383 ยท Comfortable $73,337. Use presets above or enter your own target.
โต
Translation: $1,410/week ยท $6,111/month. Inflated to future dollars automatically.
Phased retirement
yrs
Number of pre-retirement years where salary is reduced, such as a sabbatical or part-time wind-down.
%
0% preserves the current steady-income path.
The tiered strategy uses the existing Active / Stable / Frail multipliers below.
Manual desired income
Build my retirement income target (optional)
This optional builder estimates your desired annual retirement income from housing, healthcare, travel, lifestyle and other spending. Where possible, values already entered elsewhere are reused. You can either use this total as your Desired annual income or keep entering Desired annual income manually.
Derived from existing inputs
$
Synced from salary and household type.
$
Synced from the primary residence mortgage when applicable.
$
Synced from Annual healthcare cost.
$
Synced from rent, family board, or other housing cost when you do not own a home.
Editable retirement lifestyle assumptions
$
Editable estimate of monthly costs likely to stop at retirement.
%
Optional buffer added to the builder total.
$0
Legacy & Inheritance Planning
$
Amount you want to leave to children, charity, or estate. Set to 0 to spend everything.
Sets your intent for how the plan is assessed. The amount and priority are passed to the simulation engine and displayed in the recommendation output.
Future Home or Property Plan scenario only
Optional modelling for buying, inheriting, selling, or paying off property later. This is excluded from the base projection unless Include in base projection is explicitly selected.
$
$
%
Expected Future Windfall / Inheritance scenario only
This is a simple scenario input only. It does not model legal, tax, CGT, deceased-estate, trust or super death-benefit rules. Use it only as a rough planning assumption.
$
$
Speculative windfalls should not be relied upon and do not improve the base projection unless you explicitly include them.
Sets your target lifestyle tier. This updates Desired annual income (plus lifestyle/travel uplift above) and is also used in Suggestions.
$
%
yrs
Home Modification & Mobility
yrs
$
One-off expense for mobility ramps, bathroom mods, or other age-related home improvements.
Aged care
%
yrs
$
Arithmetic mean for residential aged care 2024-25: basic daily fee ~$23k + means-tested care fee ~$15k + accommodation contribution ~$27k. Source: AIHW / Aged Care Act fee schedules.
%
RBA target 2โ3%. AU CPI median 2.60%. Treated as the long-run mean. Under the economy path below it wanders year to year, clusters in regimes and spikes in pinned crises; Monte Carlo draws a different path per run.
%
Treated as the long-run mean. The economy path below draws each year's listed return around it with fat tails, regimes and any crises you pin.
%
AU balanced super median ~7.50% (APRA). Treated as the long-run mean; the economy path draws each year around it and a pinned 2008-like crash takes 25% off a balanced fund.
%
Median across high-yield savings (~5%), term deposits (~4.5%) and standard accounts (~1%) in 2025. Treated as the long-run mean; the economy path moves it with the rate cycle. Adjust for your actual mix.
%
%
Enter 0.03 for a 0.03 percentage-point annual decline. Unsafe legacy units are migrated and flagged.
%
Rent is its own series, not CPI. If property prices outrun rent, yield falls; if rent outruns price, yield rises. KPMG's 2026โ27 view is about 3.5%.
Economy path Your rates are means, not laws
Even the "expected" projection now runs on a seeded path: inflation, super, listed returns, property, rent, salary and the variable mortgage rate all wander year to year, with regimes so bad years cluster. Flat is kept only for comparison.
The same seed always draws the same future. Re-roll to see a different one; Monte Carlo draws hundreds regardless.
yrs
0 = variable now. The investment-loan interest follows the path's rate once the fixed term ends.
Off means your rates are calm-year rates and every crisis is pure downside.
%
Law from 1 July 2026 taxes realised earnings above the indexed $3M / $10M per person. A buy-and-hold SMSF realises less; a fund that turns over realises more.
Pinned crises start counted from now; retirement is just another year on the axis
This is not a forecast of which crisis happens. It is a test of whether your plan survives the crises you are willing to look at.
$
Feeds the "Helpful hints" card: capital needed at a blended global yield versus AU high-yield versus US broad.
Dynamic allocation Glide-path controls
Uses the existing age-based de-risking path. Turning it off uses the static allocation below.
Static allocation controls are used when glide path is off.
yrs
$
$
$
$
$
Suggestions runs a full Monte Carlo for every scenario it tests (12–28 of them), so this setting multiplies. Lowering it is the fastest way to shorten the wait. Measured against 16,000 runs on a sample household, no setting from 500 up changed which suggestions were recommended. What moves is the dollar estimate, and most on the smallest one: at 2,000 runs three of four scenarios were within 4% and the smallest was 13% out, while at 500 the smallest was 76% out.
%
Annual probability of a major market shock occurring. Default 5% โ roughly one significant crash every 20 years โ consistent with historical frequency (1987, 2000, 2008, 2020).
%
Portfolio loss applied to the equity portion in a shock year. โ25% โ a severe correction; โ50% โ a 2008-style global financial crisis.
Stress probabilities
%
0% preserves existing deterministic and single-shock behaviour.
%
0 means benign. 1 applies the maximum existing correlated-risk volatility adjustment.
When enabled, each Monte Carlo run draws a different lifespan from Australian mortality data (ABS 2020-22) rather than your fixed lifespan. Shows the full spread of longevity risk โ some runs end at 75, others at 103. Your gender setting calibrates the distribution. Disable for deterministic scenarios.
[Not yet Law] When enabled, projects: 14% super tax rate from FY 2027-28 (currently 15%), $250 WATO offset from FY 2027-28, $1,000 instant work deduction from FY 2026-27, and CGT reform from 1 July 2027 (inflation-indexed discount + 30% minimum). These are Budget 2026-27 proposals and have not been passed by Parliament. Unchecked = current legislated law only.
๐
Overseas retirement analysis โ age pension portability, tax residency, and FX impact will be assessed when you run the simulation.
Residence plans
yrs
Between ages 16โ67. Leave blank to auto-calculate from your current age.
yrs
$
Total annual spend in AUD โ include rent/accommodation, food, transport, healthcare, leisure, and return travel. This is the primary figure used in all overseas projections.
For a permanent move, Pension Supplement stops from the departure date โ not after 26 weeks
Foreign residents lose the tax-free threshold; 30% flat rate on AU-sourced income
Medicare does not cover overseas treatment. Pensioner Concession Card cancelled after 6 weeks abroad.
Asset structure strategy
Currency & housing
Auto-filled when you select a retirement destination above. Change if you plan to use a different currency.
%/yr
Negative = AUD depreciates (your costs rise). Positive = AUD strengthens.
$
Annual rent converted to AUD at current rates. Subject to FX drift.
Return-to-Australia fallback
yrs
Pension portability and AWLR rules reset on return
๐
Run the simulation to see the four-scenario Age Pension comparison (stay in AU vs permanent move vs extended stay vs seasonal) in the Summary tab.
โ ๏ธ Key overseas retirement rules (March 2026)
โข 6-week rule: After 6 weeks continuously overseas the Pension Supplement drops to basic rate only and Energy Supplement stops. Pensioner Concession Card is cancelled. Base pension rate is unchanged.
โข 26-week rule: After 26 weeks, an AWLR-proportional rate applies if your Australian Working Life Residence is below 35 years. 35+ years = full rate continues.
โข Permanent move: Pension Supplement top-up and Energy Supplement stop from the departure date โ not after 6 weeks. Critical distinction.
โข Principal home โ asset test: The home is fully exempt. If you sell and rent, you become a non-homeowner; higher thresholds apply but sale proceeds are assessable for 24 months unless reinvested.
โข Return to AU: Leaving again within 2 years of returning and starting Age Pension may stop payments (exceptions: SSA countries, humanitarian visas).
โข Healthcare: Medicare does not cover overseas treatment. Private international health insurance strongly recommended.
โข Super: Access rules (age 60+) apply regardless of residency. Some funds close accounts for permanent overseas residents โ check with your fund.
โข Tax: Foreign residents lose the tax-free threshold and pay 30% on AU-sourced income from the first dollar. Double Tax Agreements may reduce this for SSA countries.
๐
These optional settings model real costs that typically arise in later retirement. All are disabled by default โ enable only what applies to your situation. Linked to your downsize plan: if you plan to downsize, ongoing maintenance costs are automatically removed.
Home modifications
One-off cost to adapt your home for mobility or safety (ramps, grab rails, bathroom refit, etc.).
$
National average ~$15,000โ$35,000. Larger homes or comprehensive retrofits may reach $80,000+.
yrs
$
Annual upkeep of accessibility features. Set to $0 if downsizing to strata/aged care (maintenance is covered by levies).
Longevity insurance (annuity)
Model the purchase of a guaranteed income stream (annuity or similar product like a Lifetime Income Stream) at a specific age. This provides certainty against outliving your super.
yrs
Typically purchased at or just after retirement age for maximum guaranty period.
$
Amount drawn from super/savings to purchase the annuity. Removed from your portfolio at the purchase age.
$
Annual income received from the annuity for life. Typical payout rate ~6โ8% of lump sum for a 67-year-old.
Tiered spending by retirement stage
Research shows retirement spending follows a "smile" curve. The early "Active" years have high lifestyle spending; the middle "Stable" years decline; the late "Frail" years rise sharply due to care costs. Enable to apply custom multipliers per stage.
yrs
yrs
%
Default 110% โ early retirees typically spend 10% more on travel and lifestyle.
%
Default 90% โ mid-retirement spending typically falls as travel and activity decline.
%
Default 115% โ late retirement includes higher healthcare and care costs.
Step 2 โ Explore
Run the calculation to see your enhanced summary and top drivers here.
Run the calculation to compare live What-If levers.
Today's $ = inflation-adjusted purchasing power (real dollars). Nominal (future $) = raw future-dollar amounts before inflation adjustment.
| Year | Age | Super | Other liquid | Total assets | Withdraw | Age Pension | Income | Expenses/mo (today's $) |
|---|
Run the Monte Carlo or Stress Test tool to see your risk profile and scenario results here.
๐ฏ
Run the calculator to receive personalised suggestions
Enter your details and click Run simulation or use the ๐ก AI suggestions tool to see prioritised suggestions and scenario comparisons.
Enable an overseas destination above, then click the Overseas Plan tool to see destination-specific pension portability, cost of living, tax and risk analysis.
๐ฆ๐บ Governed by Australian lawยท ๐ No personal data collectedยท ๐ All data processed locally
Disclaimer: Educational and planning purposes only. Results are estimates based on inputs and should not be considered financial advice. Australian tax, superannuation, and pension regulations change. Consult a qualified financial adviser.