• Lasting retirement income

  • How long will your retirement income last?

    Most people question whether they'll be able to accumulate enough super savings by the time they stop working.

    Because we're now generally living longer and spending more years in retirement, you risk your savings running out if you don't plan carefully.

    Just think that if you retire at age 65, you could live for at least another 20 years or more!

    Therefore, it's the regular income you want to receive, not just the balance you accumulate, that you should also take into account in your retirement planning.

    While it may not be easy to work out exactly how much income you'll need, it's important to have an idea so you live within your means.

    Retirement income calculator projection

    Sample graph of estimated retirement income obtained using our Super projection calculator.


    The standard of living you require and your lifestyle choices will have a significant effect on how long your money lasts in retirement.

  • Options for making super savings last longer

    If you think that you might actually outlast your finances, here are some scenarios you could consider in order to help your retirement income go the distance:

    • Make additional salary sacrifice (before-tax) or after-tax contributions to super before you're due to retire.
    • Defer your expected retirement for a few years—this means your accumulated super balance won't need to generate retirement income for as many years.
    • Look at whether you'll be able to rely on some Government Age Pension to supplement your super retirement pension income.
    • Lower your expectations about the level of income that will be available to you.
    • Review and adjust your investment options if necessary. A 'more aggressive' investment strategy generally means higher risk, but also higher returns over time.
    • Explore the possibility of returning to work if you've taken a career break to raise a family etc.
  • Example of how to build a comfortable retirement income

    Kay and Dean have started planning early to achieve their dreams. View their example below to see how concerns about the adequacy of their savings led them to consider several alternate scenarios for maximising their retirement income.

    Then use our super projection calculator to assess your own situation:

    • How much you might be able to save for your retirement
    • Your level of income when you’re retired
    • How long you can expect your retirement savings to last.


    You can learn how your contributions, investment options, career breaks, fees, the Centrelink Age Pension and your age at retirement may affect your financial goals.

    You can also review our video for tips on how to get the most value out of the super projection calculator.


  • The importance of planning

    Because there are so many things to think about when planning for retirement, like investment options, taxation, pension income, eligibility for government benefits and more, getting some expert financial advice is a smart move.

    If you've decided it's time to take control of your finances, we're here to help you build, manage and protect your wealth.

    Learn more about the different financial planning services we offer so you can decide which one is right for you.

    Call us on 1300 658 776 if you have questions, or to make a financial planning appointment.