Australian Retirement Calculator (v1)

This first version focuses on modelling pre-retirement contributions and projected super at retirement, then estimates retirement income using a drawdown % (e.g. 4%). We’ll refine as we go.

Mode Drawdown %

Person A

Current age

Retirement age

Current super balance ($)

Salary (gross, $/yr)

Employer SG %

Salary growth % (optional)

Extra before-tax (salary sacrifice, $/yr)

Extra after-tax (personal, $/yr)

Starting year concessional cap ($)

Lump sums (one per line: age,amount,type)

Example: 60,50000,rollover
Types: pre, post, rollover, withdraw

Assumptions

Net return % (after fees & tax)

Contributions tax (concessional)

Inflation % (v2: “today’s dollars”)

Admin fee ($/yr)

Asset fee (% of balance/yr)

v1 treats returns as a simple annual compounding rate and applies a flat contributions tax on concessional contributions. We’ll refine taxes and “today’s dollars” next.

Show year-by-year projection

v1 note: No Age Pension modelling yet. No carry-forward concessional caps yet. No Division 293 yet.

Australian Retirement Calculator (v1)

Person A

Person B

Assumptions