How much can you afford to spend in retirement?

Retirement Planning Calculator

Calculate how much you can safely spend in retirement.

 

How it works

The calculator can help you understand:

 

  • How you could invest your retirement savings
  • How much you could safely spend
  • How long your money will last

 

 

This calculator was developed with Victoria University and leading retirement planners, Liz Koh and Martin Hawes:

Retirement Planning Calculator
Your income level affects how much income you’ll get and the probability it will last until your life expectancy.

How much could you safely spend as income in retirement?

Annually you could spend
Fortnightly you could spend

You could spend up to ... as income each year and have a ... probability that your savings will last until your life expectancy of ... years old.

Your income is made up of interest/returns on your savings and capital drawdown.

How could you invest to get this income?

In retirement it's important to invest according to your timeframe, diversify your savings, and choose high quality assets.

Based on these principles, you could consider combining the following investments:

Insured Income

Bonds

Shares

Cash

Your investment allocation

Based on your age and life expectancy, you could consider the following investment allocation:

 
Total Investment
Insured Income
 
Shares
 
Bonds
 
Cash
 

Learn more

Your retirement income (after fees & tax)

Learn more

Your retirement income with NZ Superannuation (after fees & tax)

Learn more

Try our other calculators

Leave an inheritance

Grow an investment to reach a desired amount by life expectancy.

 

Calculate your Lifetime income

Calculate how much insured income you could have in retirement.