Big Sums
Pension Longevity - How long will my pension last?
Pension Longevity - How long will my pension last?
Calculate how long an account based pension balance can sustain nominated pension drawdowns.
By inputting the balance, rate of return and nominated pension payment, our calculator will not only work out the annual payment, to ensure it meets current minimum drawdowns each year, but will project how long the balance can sustain a drawdown of that amount.
The output graph will illustrate balance over time, the minimum pension payment each year and the nominated payment.
The calculator will also show life expectancy as a longevity test to estimate if the pension will continue to fund cashflow needs for the duration of retirement.
NOTE: This calculator considers the Australian Legilsation, Super and Tax laws and may not be an appropriate tool for use outside of Australia.
It includes:
- Life expectancy estimator
- Projection of account balance
- Annual calculation of minimum pension requirements, based upon age
- Nominated pension and indexation applicable to payment
- Income and growth return assumptions
Purchase will generate an instant file to download and contains a link to our instructional video.
The outputs are easy to read, professionally designed and quick to use.