They allow you to try out what ifs but when you are using them, please keep in mind that they are not predictions of what will happen in the future.
Don’t make decisions based solely on the outcome of a calculator and always consider getting expert, licensed financial advice when making superannuation or retirement plans.
The MoneySmart website, which has been developed by the Australian Federal Government and the Australian Securites and Investments Commission (ASIC), features a number of useful calculators, which have been provided here for your convenience.
There are also calculators for other topics on the MoneySmart website, which you may find useful. Calculators may be added or changed from time to time. Please visit the MoneySmart website to see more calculators about borrowing and credit, managing money and investing.
With this in mind, any questions related to their use, the assumptions behind their calculations or other issues should be directed to the MoneySmart website.
Work out how much super you'll have when you retire and the impact of fees. This calculator also makes it easy for you to estimate and compare the costs of contributing into another superannuation fund.
Works out what type of super contributions will give you the most spending money in retirement (including co-contributions).
How much income are you likely to have after you retire and what you can do now to boost your super.
Work out how much super your employer should be contributing for you.
Work out how long can you expect your pension to last and see if you can make it last longer with lower fees or a different investment option.
Works out when you can access your super and get the age pension.
How long it will take to reach your savings goal? Iit also provides suggestions for how you can save.
A tool that help you work out what you spend your money on and ways to save more.