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Superannuation and retirement planning calculators: balances, salary sacrifice, drawdown and the first home super saver scheme.
Employers pay the Super Guarantee rate (12% of your ordinary time earnings in 2026–27) into your nominated super fund. This is separate from your take-home pay.
Salary sacrificing redirects part of your pre-tax salary into super, where it's taxed at 15% instead of your marginal rate. It's often a tax-effective way to boost retirement savings, subject to the concessional contributions cap.
From your preservation age, once you meet a condition of release such as retiring. Preservation age phased up from 55 to 60 across five birth cohorts and that phase-in has finished, so anyone whose preservation age is still ahead of them has 60. You can also access super at 65 whether or not you have retired, or start a transition to retirement income stream at preservation age while you keep working.
An allocated pension (now more often called an account-based pension) is a retirement income stream you start by moving super into a pension account. You must withdraw at least the legislated minimum for your age each year, there is no maximum, and the fund pays no tax on the account's earnings. The allocated pension calculator projects how long one lasts.
No. A transition to retirement income stream is not in the retirement phase, so the fund still pays 15% tax on its earnings, exactly as it would on an accumulation account. The exemption only starts once you meet a condition of release with no cashing restriction, which usually means fully retiring or turning 65. A TTR did receive the exemption until 1 July 2017, which is why so much surviving material says otherwise. The payments themselves are a separate rule: from age 60 they are tax-free.
An extra 15% tax on concessional super contributions for people whose income plus concessional contributions exceed $250,000 in 2026–27.
Estimates only. Not financial or tax advice. Full disclaimer for your rights and our limitations of liability.
This calculator exists to show you the arithmetic. It applies published Australian rates, thresholds and formulas to the numbers you enter and shows the working, so you can check it. That is all it does — it produces a number and describes what the number is. It does not recommend anything and it holds no opinion about any financial product.
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