How long your super needs to last
The access age for super is 60 unless you were born before 1 July 1964, and the Age Pension is available
from age 66.5 or 67 (if eligible - see Centrelink). But the life expectancy in Australia is 85 years for
females and 81 years for males (ABS). Try our Life Expectancy Calculator to check what you can expect.
For a better chance of making your super last, combining our Retirement Income account with our Lifetime Pension can provide an income for life.
Other income and the Age Pension
If you're eligible for the Age Pension or other government benefits, get an estimate of how much you could receive through the Centrelink (Services Australia) Payment and Service Finder. You should also consider any other income sources, such as investment income, casual work, or other savings.
Housing
Where you want to live in retirement, and whether you plan to downsize, are important to think about. Our Super Projection Calculator can show how much super you would need if you're renting.
Aged care facilities
One of the biggest costs is the deposit to buy into a nursing home or other aged care facility, or budgeting for at-home aged care services.
Retiring early for disability
We don't always get to choose when we retire, depending on how healthy we and our family are. 1 in 5 Australians (21%) retire because they have an illness, injury, or disability (ABS), so having life insurance in your super can help. And nearly 1 in 10 females (8%) retire to care for an ill, disabled, or elderly person.