Tip of the Week - Get calculating with your Super

Published: Wednesday 19th October 2016

Browse the range of handy online tools and calculators like the ones outline below, which are available via the UniSuper learning centre to help you to stay on track to reaching your financial goals.

Compare me tool

Ever wondered how your super savings compare with other UniSuper members like you? The Compare me tool provides a comparison of your current super balance in relation to the average super balance of other UniSuper members based age, gender and UniSuper product.

Budget planner

You can access a simple Budget planner for a clear overview of your income and expenses.

The planner summarises your income and expenses—divided into categories including general living, transport, loans, leisure and entertainment and insurance—and gives you the choice of a weekly, fortnightly, monthly or annual view. You can also save, print and email a copy for your records.

Transition to retirement calculator

For members approaching their preservation age this calculator describes alternative ways to use their super to achieve their retirement goals. Depending on a members personal circumstances and goals, their alternatives may assist in:

  • Boosting income before retirement.
  • Boosting the super balance on retirement.
  • Supplementing income while moving to part-time work.
Retirement lifestyle quiz

Everyone’s picture of retirement is different; meaning the amount you may need to fund your dreams will be unique too. Take this short quiz to see which of ASFA’s lifestyles may be more appropriate for you.

Pension income calculator

If you are over 50, looking to retire within the next five years and have a good idea of what your super balance will be at retirement, this calculator allows you to project how much annual income you may have in retirement. The calculator lets you include your partner and Age Pension payments in your results.

If your retirement is more than five years away, the Retirement adequacy calculator below will be better suited to you.

Retirement adequacy calculator

Work out how much super you may have when you retire and what kind of income this could provide in your retirement years. This calculator can show you whether there is likely to be a gap between your estimated and target income and allows you to explore how factors such as adding contributions, changing investments, working part-time and retiring earlier or later can affect your results.

*This calculator projects accumulation super only and is not suitable for Defined Benefit members.