The Retirement Income Projector is an industry-leading retirement income calculator, which enables you to estimate your projected super balance and how long it may last in retirement.
The Retirement Projector is designed to estimate your total retirement income, including benefits you may receive from the Age Pension and non-super investments. You can also choose to factor in super details for your spouse or partner (if applicable) and see the impact of a career break or move to part-time work on your projected super balance. This enables you to more clearly assess your estimated financial position in retirement and what you may need to do to reach your desired retirement balance.
The Retirement Projector cannot take into account changes in your personal circumstances, actual future investment returns, inflation or future changes to the Age Pension and tax regulations.
The Retirement Projector uses default assumptions about future investment returns and inflation which are considered reasonable at the current date based on the after-tax return objectives for each of TelstraSuper's investment options. You can modify these assumptions.
Showing results in today's dollars allows you to consider your future retirement income in the context of the cost of today's goods and services and your current standard of living.
The 'today's dollar amounts' have been calculated by deflating the projected dollar amounts based on the assumed rate of wage inflation as described on the Assumptions panel.
The projections shown in this Retirement Projector are intended as a guide only, based on the information you input, and should not be used in isolation to make financial decisions. This Retirement Projector does not take into account your personal objectives or your own financial situation and it cannot determine your actual final super benefit or income. Before making any decisions about your super or any other financial product, you should consider seeking advice from a licensed financial adviser and read the relevant product disclosure statement (PDS). TelstraSuper Financial Planning offers expert advice on superannuation and a broad range of financial topics. Call them on 1300 033 166 between 8:30am and 5:30pm (Melbourne time) Monday to Friday.
Detailed information about the Retirement Projector's assumptions and inputs is available once you start using the Retirement Projector - simply click 'View' in the menu bar and select 'More Information'.
This Retirement Projector has been prepared by Mercer Financial Advice (Australia) Pty Ltd (MFAAPL) ABN 76 153 168 293. Any advice contained in this Retirement Projector is of a general nature only, and does not take into account the personal needs and circumstances of any particular individual. Prior to acting on any information contained in this Retirement Projector, you need to take into account your own financial circumstances, consider the product disclosure statement for any product you are considering, and seek professional advice from a licensed, or appropriately authorised, financial adviser if you are unsure of what action to take.
To the extent permitted by law, Telstra Super Pty Ltd, MFAAPL, their directors, officers, employees and related bodies corporate exclude any liability for any loss, damage (including any consequential loss or damage), claims and expenses (including but not limited to legal costs and defence or settlement costs) suffered or incurred by you directly or indirectly arising out of or in connection with your reliance on the information provided in the calculator or the estimates obtained using the calculator, whether in contract, tort including negligence, statute or otherwise.
This Retirement Projector is not intended as an advertisement for any product issued by Telstra Super Pty Ltd, MFAAPL, or any of its related entities.
Copyright 2019 Mercer LLC. All rights reserved.
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