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 could you invest your retirement savings?

When you're investing your retirement savings, it's important to:

  • Invest according to your timeframe
  • Diversify your savings in high quality assets
  • Ensure you can always access your money

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

Insured Income

Bonds

Shares

Cash

Your investment allocation

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

 
Total Investment
Insured Income
 
Shares
 
Bonds
 
Cash
 

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.