Retirement $ projector

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This is a model not a prediction. The results are based on the limited information you've provided and assumptions made about the future.

The calculator intends to show the impact that certain choices may have, but it can't accurately predict your final super balance or retirement income as it doesn't take into account your personal circumstances. Unexpected events in your life and external factors such as movements in investment markets and age pension entitlements can also affect your actual results, but aren't factored into this calculator.

Don't just rely on just this calculator to make financial decisions. This information has been provided in good faith and isn't a substitute for professional advice from a qualified adviser. We don't accept any direct or indirect liability that comes about because you relied, either wholly or partly, on any information provided by or left out of the calculator.

This calculator contains information or advice that's intended to be general in nature and which was prepared without taking into account your personal objectives, financial situation or needs. Because of that, before acting on any information or advice in this calculator, please consider whether it's appropriate to your personal circumstances, talk to a financial planner and consider the relevant Member guide available at or by calling 1800 005 166, before making an investment decision based on this advice.

Super contributions must remain in super until you've met a condition of release. You need to weigh up the benefits of extra super against your other priorities, for example paying off your credit cards.

This calculator relies on assumptions about investment returns. Actual returns can vary significantly from year to year, and can be negative in some years. Historic performance isn't an indication of future returns.

We recommend that you do a new projection each year as super and tax rules may change and you may have changes in your personal circumstances.

The trustee of Tasplan Super (ABN 14 602 032 302) is Tasplan Pty Ltd (ABN 13 009 563 062). AFSL 235391. Copyright © 2018 Tasplan Pty Ltd. All rights reserved.


Help me!

If you need help with financial planning, get in touch and we’ll give you a hand.

This could give me a super balance of


I want to live more comfortably in retirement.

Help me!

If you need help with financial planning, get in touch and we’ll give you a hand.

Here's the best way to contribute $10:

$6 after tax more infromation

$6 each week ($312 each year) may get you a government co-contribution of $156.

$6 each week ($312 each year) to avoid penalties from exceeding the concessional contribution cap of $30,000


$4 before tax more infromation

$4 each week ($208 each year) could save you $36.50 at tax time.

Contributing like this could get you the most government dollars and tax savings while steering clear of the contribution caps.

Here's how you can start making contributions:

$6 after tax

Pay by BPAY. Log in to Tasplan Online or call us to get your BPAY details.

Pay by cheque and send us a Make a super contribution form.

Pay by direct debit. Log in to Tasplan Online or send us a Direct debit authority – member form.

Find out more about after tax contributions


$4 before tax

Speak to your employer about setting up a salary sacrifice agreement.

Find out more about Before tax contributions

Help me!

If you need help with financial planning, get in touch and we’ll give you a hand.

We’ve made a few assumptions to work out your retirement projections. But just be aware that actual events can turn out differently.

You can change some of these to fine tune your results. The rest are shown below.


Salary increase

Investment returns – before retirement

Investment returns – in retirement

Employer contributions

Insurance fees

Our assumptions

The projections are based on a whole number of years, so we've assumed that you've just reached the current age.

The calculator works for accumulation funds only (like Tasplan Super). It doesn't work for defined benefit funds.

About tax and super rules

The super and tax thresholds, rates and rules are current as at 1 July 2018 and are assumed to remain current for the whole time covered by this projection.

Contributions tax of 15% applies to all before-tax contributions (if you earn over $250,000 each year, including before-tax contributions, you'll pay an extra 15% tax on some or all of your before-tax contributions). No tax applies to after-tax contributions. You've provided us with your tax file number (TFN), so we haven't applied penalty tax on your contributions.

No tax is applied to benefit payments. If you make withdrawals or start a pension before you turn 60, you may have to pay some tax, depending on your circumstances.

About inflation

Results are shown in today's dollars. This means they're adjusted for inflation. Inflation is set at 3% each year, but you can change this.

About your salary and employer contributions

You have a continuous working life with no breaks, and you'll satisfy the work test until you retire.

Your salary increases by 3% each year, but you can change this.

Your employer pays super guarantee (SG) contributions at 9.5% of your salary each year, but you can choose a higher percentage. We've factored in the stepped increase to 12% in future years, in line with government legislation.

Your employer makes contributions once a year at 1 January.

We've assumed that you're eligible for the government low income superannuation tax offset (LISTO) if your income is below the relevant threshold, but note that other eligibility criteria apply. 

About your extra contributions

If you make extra contributions, we've worked out whether before or after-tax contributions are better for you based on your income tax rates, contribution caps and whether you may qualify for government contributions. The best combination may change in the future depending on your situation, so you should review this at least annually. Your extra super contributions will increase in line with inflation.

If you try to contribute more than the legislated contribution limits, the amount will be automatically reduced to fit within the limits. Any before-tax contributions exceeding the concessional contribution limit will be added to your after-tax contributions and we haven't allowed you to enter more after-tax contributions than the annual non-concessional contribution limit. If you're under 65 you may be able to bring forward after tax contributions over three tax years. We assume that the caps will increase in future years in line with current super rules.

If you make before-tax contributions using salary sacrifice we'll reduce your taxable income by the amount sacrificed. We've assumed that your employer keeps paying your SG contributions based on your income before the salary sacrifice amounts are taken out, but you should check this.

To estimate your possible co-contribution, we assume your salary is your assessable income before any salary sacrifice contributions are made, and this includes reportable fringe benefits. Eligibility criteria apply.

Both you and your employer make contributions annually and we receive them, along with any government contributions that you may qualify for, at 1 January each year.

About your retirement

When you retire you open a Tasplan Pension account and start drawing a pension from your super savings. This is paid annually on 1 January each year.

Your projected retirement income is worked out by converting the lump sum at retirement into a series of regular payments that will be paid for 25 years after your retirement. We've assumed that this uses all of your super savings and there are no remaining funds after this time.

Your estimated life expectancy is based on the Australian Life Tables 2010-12

About investment returns

Investment returns in your Tasplan Super account are 7% each year net of tax on investment earnings and investment fees. When you retire and open a Tasplan Pension account, your account has net investment earnings of 5% each year. We assume that you transfer to a more conservative option with lower volatility and lower long-term returns when you retire. Returns are credited yearly, and you can change these returns.

Actual returns can vary significantly from year to year and can be negative in some years. Historic performance isn't an indication of future returns.

About our fees

Our administration fees have been included and are charged against the mid-year average of your projected balance.

In Tasplan Super these are $1.50 each week ($78 each year) plus 0.20% of your account balance each year (the percentage fee is capped at $500 each year). When you retire and open a Tasplan Pension account the fees change to $1.50 each week ($78 each year) plus 0.25% of your account balance each year (the percentage fee is capped at $1,200 each year).

This calculator doesn't take into account advice fees or transaction fees that may apply. Investment fees are assumed to be deducted from your investment returns before they're applied to your account.

About our insurance

You can enter your insurance fees or you can use the Tasplan Super Tasplan Protect 1 default setting. Premiums are paid annually.

The default settings assume you received basic cover for death and total and permanent disablement (TPD) on joining Tasplan Super and pay $4.28 each week ($222.56 yearly) for this cover. When you turn 65 years of age your cover changes to death only cover and the cost reduces to $2.04 each week ($106.08 yearly). The amount of basic cover changes over time. Your actual cover and premiums may be different - you can check this in Tasplan Online or by calling us.

Your cover will cancel automatically on the earlier of your chosen retirement date or turning 70 years of age.