This calculator generates factual information illustrating the minimum Retirement Income Stream or Transition to Retirement Income Stream you must take and the maximum amount of Transition to Retirement Income Stream you may take in a financial year based on certain assumptions if you establish such a pension. This calculator is intended for educational and information purposes only and does not constitute a recommendation or statement of opinion about the level of pension income you may receive. For this reason you should not make any decision on the information provided without first consulting a licensed, or appropriately authorised, financial adviser.
Importantly, this calculator is for the 2018/2019 year only. It allows for legislated changes to super that came into effect from 1 July 2017, including the introduction of a cap on the amount that can be transferred to a retirement income stream. The amount of this cap is $1.6 million.
Enter your details below to see the range of pension income:
Retirement Income Stream
Transition to Retirement Income Stream