how long will my super last calculator
How long will my super last calculators are online tools that estimate how many years your retirement savings might provide income, based on your balance, investment returns, and spending level.
What âhow long will my super lastâ calculators do
Most calculators built for Australian super:
- Ask for your current super balance, age, and planned retirement age.
- Let you enter extra contributions (before or after tax) and fees charged by your fund.
- Project your super balance at retirement and show how long it might last once you start drawing an income.
- Sometimes include an estimate of Age Pension if youâre likely to qualify.
Theyâre guides only, not predictions, and usually come with strong disclaimers that you shouldnât rely on them as personal financial advice.
Popular Australian calculators to try
Here are some wellâknown options you can use directly:
| Calculator / site | Main use | âHow long will it last?â feature |
|---|---|---|
| ASIC Moneysmart â Superannuation calculator | Estimate super at retirement, see fee impact. | [4]Shows projected balance; links to tools that estimate income period. | [3][4]
| Industry SuperFunds â Superannuation calculator | Quick projection of retirement balance. | [5]Shows how long your super might last at different income levels. | [5]
| AustralianSuper â Super Projection Calculator | Projects retirement balance and income. | [3]Estimates how long your super could last with chosen drawdown. | [3]
| Equip Super â Retirement drawdown calculator | Focuses on drawdowns in retirement. | [10][1]Shows a personalised projection of income and duration of super. | [1][10]
| BT â Super and Retirement Calculator | Estimates income in retirement based on your balance. | [7]Indicates how long super may last and impact of extra contributions. | [7]
| QSuper / Australian Retirement Trust â Super Projection Calculator | Models how much super youâre on track to have. | [9]Shows expected retirement income and duration of super. | [9]
| Prime Super â Super calculators hub | Links to various super and retirement tools. | [3]Includes âhow long will my super lastâ via ASICâs calculator. | [3]
Typical inputs youâll need
When you open a âhow long will my super lastâ calculator, have these details handy:
- Your age now and your planned retirement age.
- Current super balance and how much you (and your employer) contribute each year.
- Your investment option (e.g. balanced, conservative, growth) and fees.
- The annual income you want in retirement, and whether you expect Age Pension support.
Once you plug this in, the calculator usually shows a graph and numbers: projected balance at retirement, estimated yearly income, and the age at which the money is likely to run out or fall below a threshold.
A quick example (illustrative only)
Imagine someone aged 60, planning to retire at 67 with a certain super balance and wanting a fixed yearly income. A retirement drawdown calculator would simulate investment returns and withdrawals and then indicate something like: âAt your chosen income level, your super may last until age 88.â If they increase their drawdowns (spend more), the âend ageâ comes closer; if they spend less or contribute more before retirement, the super may last longer.
Important cautions
- All these tools are general ; they donât know your full circumstances and canât guarantee any outcome.
- Projections rely on assumptions about returns, inflation, fees, and rules that may change over time.
- Most providers recommend getting personal advice from a licensed financial adviser before making big decisions about retirement income or investment choices.
Information gathered from public forums or data available on the internet and portrayed here.