Enter Your Financial Data
Input your current age, superannuation balance, investment portfolio, property details, and target retirement income in Australian dollars.
Plan your path to Financial Independence and Retire Early. Calculate your superannuation growth, Age Pension eligibility, and investment returns with our free Australian retirement calculator.
This tool is a calculator that produces mathematical projections. It does not provide personal advice. Consult a licensed adviser for financial decisions.
Plan your path to financial independence in three simple steps
Input your current age, superannuation balance, investment portfolio, property details, and target retirement income in Australian dollars.
Our calculator models super growth, investment returns, Age Pension eligibility, and inflation-adjusted income year by year until your plan end age.
See year-by-year portfolio projections, retirement income breakdown, Age Pension estimates, and whether your plan is sustainable.
This free FIRE calculator is designed specifically for Australians planning early retirement or financial independence. Unlike generic retirement calculators, this tool incorporates Australian-specific factors including:
This retirement projection tool is ideal for:
Enter your information and calculate your retirement projection
Common questions about using this retirement calculator and FIRE planning in Australia
No, absolutely not. This tool is simply a calculator that performs mathematical calculations based on the assumptions you provide. It does not evaluate your personal circumstances and cannot provide personal financial advice. Always consult a licensed financial adviser (AFSL holder) before making any financial decisions about your retirement.
Results are mathematical projections assuming constant growth rates. In reality, investment returns vary significantly year to year (sequence of returns risk). The calculator does not account for market volatility, taxation changes, inflation surprises, or policy changes. Actual results will differ from projections.
Yes, completely safe and private. All calculations are performed locally in your browser using JavaScript. Your financial data is never sent to any server, never stored, and never shared. When you close the browser, all data is gone. We don't use cookies to track your financial information.
FIRE stands for "Financial Independence, Retire Early". It's a lifestyle movement focused on achieving financial independence before traditional retirement age (65-67) through aggressive saving (often 50-70% of income), smart investing, and controlling expenses. The goal is to accumulate enough assets that investment returns can cover living expenses indefinitely.
The superannuation preservation age is 60 for anyone born after 1 July 1964. This means you cannot access your super until age 60, even if you retire earlier. Early retirees (before 60) must fund their living expenses from non-super investments until they reach preservation age. This calculator accounts for this by tracking super and non-super assets separately.
The downsizer contribution allows Australians aged 55+ to contribute up to $300,000 per person ($600,000 per couple) into superannuation from the proceeds of selling their home. This contribution is outside the normal contribution caps and doesn't count towards the $1.9 million transfer balance cap. It's a powerful strategy for boosting retirement savings when downsizing property.
The Age Pension uses an assets test to determine eligibility and payment amount. For homeowner couples (2024-25), the full pension threshold is $481,500 and the cut-off is $1,074,000. For singles, it's $314,000 and $695,500 respectively. Assets above the threshold reduce pension by $78 per $1,000 per year. Your primary residence (PPOR) is exempt from the assets test.
The calculator uses conservative default assumptions: 6.5% super growth (balanced fund), 8% equity growth, 6% retirement portfolio return, and 2.5% inflation. These are based on long-term historical averages but past performance doesn't guarantee future results. You can adjust these in the Advanced Assumptions section to model different scenarios.