Retirement Savings Goal Calculator
Estimates the lump sum you need at retirement to fund your spending.
Your result
Estimate only. Results update as you type.
How this calculator works
Lump sum = spending × (1 − (1 + r)^−years) ÷ r, the present value of an annuity.
Worth knowing
Many retirees also receive a part Age Pension, which reduces the lump sum they need. This calculator assumes no pension.
Guides for this calculator
- How the Retirement Savings Goal Calculator Works (With a Worked Example)
- Getting the Most From a Retirement Savings Goal Calculator: Tips and Common Errors
Questions
- Are the projections guaranteed?
- No. Investment returns vary from year to year. Treat projections as a guide for planning, not a forecast.
- What is the super guarantee rate?
- It is 12% of ordinary time earnings from 1 July 2025.
- Should I get advice?
- For decisions like salary sacrifice, contribution strategies or retirement income, a licensed financial adviser can look at your full situation. This site provides general information only.
This calculator gives general estimates using published Australian rates and formulas. It doesn’t consider your personal circumstances. Check current figures with the ATO, your state government or a qualified professional before making decisions. See our disclaimer.