Allocated Pension Superannuation Calculator

Enter your details in the form below and press 'Submit' to calculate your allocated pension projection.

Retirement age:
(up to 99)		  
Start balance: $
Specified pension:
 $

Minimum pension:

 $ * Read Only
Maximum pension: $ * Read Only
Investment return rate:   %
Yearly fee: $
I acknowledge that I have read
& understood the calculator
disclaimer on this page:		  
 Yes
Assumptions:       CPI rate is set at
the current standard level.
You can change this value
as you wish.
CPI rate:   %

 
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View calculator assumptions.

Assumptions

This calculator is to be used as a guide only. The assumptions made in developing the calculator are as follows:

  • The calculator initially uses an investment rate of 6.25% pa. This is a standard rate currently prescribed by the Australian Securities and Investments Commission (ASIC) for use when calculating returns for a typical Balanced investment option.
  • Default inflation (CPI) rate of 3% p.a.
  • Default salary inflation rate of 4% p.a.
  • An administration fee of $1.00 per week is deducted and indexed at CPI.
  • A death and disability premium of $0.50 is deducted weekly based on 1 unit of insurance cover.
  • Employer Superannuation Guarantee contributions are set at 9% and are subject to 15% contributions tax.
  • Salary Sacrifice contributions are subject to 15% contributions tax.
  • Member salary is greater than $450 per month.
  • No allowance has been made for superannuation surcharge or other taxes (including tax on retirement income).
  • The account balance is calculated at today's dollar terms according to the CPI rate.
  • Total superannuation benefits are assumed to be paid as a lump sum, and does not account for Reasonable Benefit Limits.

Disclaimer

  • In preparing this accumulation superannuation calculator, the investment objectives, financial situation and needs of any particular person were not taken into account. Before making an investment decision on the basis of the results of this calculator, you need to consider, with or without the assistance of a financial planner, whether the advice is appropriate in light of your particular investment needs, objectives and financial circumstances.
  • The figures are based on the above assumptions and are GENERAL ILLUSTRATIONS ONLY. They are not intended to be a substitute for professional financial advice.
  • The projection result is NOT GUARANTEED in any way. The actual performance of investments will depend on future economic conditions, investment management and future taxation.
  • This calculator compounds interest on a half-yearly basis.
  • Remember, your expected investment return will vary depending on your member investment choice option.
  • Check out the results on the graph. The difference between expected investment returns (%), say between two of the member investment choice options, can make a huge difference to your overall retirement savings plan over the long term. Putting more into your superannuation can also make a big difference to your overall retirement savings.
  • Connect Super specifically disclaims any liability for any direct, indirect, incidental, consequential, or special damages arising out of or in any way connected with the access to or use of this calculator.
  • To the extent permitted by law, under no circumstances will Connect Super be liable for any loss or damage caused by a user's reliance on information obtained by using this calculator. You should not make any decisions on the information contained herein without first consulting your financial planner or accountant.

© Connect Super 2004

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