In this guide
Calculators that offer to predict your final super balance and retirement income are readily available through most super funds as well as ASIC’s Moneysmart service. If you’ve done any planning for retirement, you’ve probably used at least one.
Why try another? It’s always worth reviewing your progress, and the Retirement lifestyle planner by TelstraSuper has some features that set it apart from the crowd.
Results based on probability
Most projection tools assume your balance will receive a fixed investment return each year. The results of such a projection are not very reliable because real investment returns vary each year, often by a large margin.