Maritime Super Retirement Calculator app for iPhone and iPad

Description

The Maritime Super Retirement Calculator can give you an idea of how much super you could have to spend in retirement. Through the calculator you can explore how subtle changes to one or two variables may impact your overall benefit over time. It’s a great tool for retirement planning for members of the Fund. The calculator is tailored to a degree to provide Maritime Super members with the opportunity to explore variations within the Fund’s own investment options.

How it works

The calculator makes a number of assumptions in calculating a retirement estimate. After providing some basic details about yourself and your benefits in the first two screens, you are presented with two estimates in the third screen labelled ‘your super’ – total income and total balance. The total income shows your estimate annual income in retirement (combining your income from super and the age pension, if applicable). Total balance shows your estimate balance and how long it may last in retirement.

Its simple to use. Interactive sliders allow you to make changes to various variables including investment options, contributions, retirement age, and so on. By using the calculator and varying inputs, you can explore the effects your choices can have on your financial future.

Disclaimer

This calculator is intended to provide you with a retirement estimate based on various assumptions and your inputs. Results are estimates only and are not intended to be kept or used for any purpose other than further investigation. The calculator does not cover every scenario, it’s just a guide. The estimate generated by this calculator has been prepared without taking in account your personal objectives, financial situation or needs. The estimate is a factual calculation based on various assumptions and inputs made by you – it is not general or financial advice. You should obtain advice from a qualified financial planner before making any financial decision.

The actual income you get in retirement may vary considerably from the estimate you receive at a particular point in time. Actual outcomes will depend on a range of factors outside the control of Maritime Super and Maritime Financial Services (MFS). MFS expressly disclaims all liability and responsibility to any person who relies, or partially relies, on results by this calculator. Results are based on information from sources believed to be reliable and accurate and are not intended to be used as a substitute for professional financial advice.