Retirement Income Simulator

Today’s release includes the following new features:

  • When we released pensioner mode (see below 6 October), we didn’t change the minimum retirement age (which was 60). Recognising that some users are already retired before age 60, we have effectively separated the two concepts of “retirement age” (stopping work) and “super drawdown age” (commencing a retirement income stream). If you are under 60, then you can be retired at any age and start drawing super from your preservation age. Please note we don’t allow for benefit tax prior to age 60. This feature applies to Australia only.
  • After getting some feedback that the Scenario feature was a bit hidden, we’ve re-jigged the menus. What was the Action menu becomes the Scenarios menu, and a few other items jumped across to the View menu.
  • We have also re-jigged the page you get your PDF report from.
    • If you email your report, you can include an calendar reminder to re-check your super situation in 12 months.
    • While your report is being prepared, you can answer a 10 second survey to give us an idea of your experience of using the simulator.
  • If you’re particularly skeptical of the Age Pension continuing, you can now turn it off on the Other Assets/Income panel. This feature applies to Australia only.
  • Again after getting some feedback, we have shortened the tutorial from 14 steps to 9.

We also welcome new client Virgin Money Australia with today’s release.

The new PDF report generation page.
The new layout for the Scenarios and View menus.


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Posts by Quarter

2023 q3

Calculator update 1 July 2023

2022 q4

Superannuation calculator regulatory update goes live

2022 q3

Superannuation calculator regulations updated
Calculator update 1 July 2022

2021 q3

Calculator update 1 July 2021

2020 q4

Tax changes arising from Federal Budget 2020

2020 q3

Calculator update 1 July 2020

2020 q2

Making the simulator more accessible
Two new RIS features

2019 q3

Deeming rate changes July 2019
Calculator update July 2019

2019 q2

Inflation update
Home loan feature

2017 q3

New enhancement for the self-employed
Calculator update July 2017

2017 q1

Calculator Updates for March 2017

2016 q4

Calculator Updates for December 2016
Inflation update
Calculator updates for October 2016

2016 q3

Modelling inflation in the simulator
Calculator updates for July 2016

2016 q2

Federal Budget 2016
Calculator updates for April 2016

2016 q1

Career changes in the Retirement Income Simulator
Changes to online calculator regulations

2015 q4

Calculator updates for December 2015
Alternative input methods for the Retirement Income Simulator
Retirement Income Simulator improvements for the retirement phase

2015 q3

Age Pension and ASFA Retirement Standard changes
How much super do you need?
Calculator Updates for July 2015

2015 q2

Congratulations to Media Super
Infographics for simplified retirement planning
Retirement Income Simulator gets a responsive redesign