Home / Retirement planning / Super and retirement calculators / How to use the Mercer Retirement income simulator

How to use the Mercer Retirement income simulator

Mercer’s Retirement income simulator is a notch above many other projection tools. Among its features, the simulator can model the outcome of variable investment returns.

Most calculators assume you earn the same, stable return year after year. We know this doesn’t reflect reality. A calculator that includes the real-life variability of returns allows you to stress test your results and see how a negative return at the wrong time can put a spanner in the works.

Another helpful feature is the ability to enter the amount you can afford to contribute to super each year, and have the calculator work out the optimal mix of salary sacrifice and after-tax contributions for you.

The simulator also has myriad options that can be tailored to your situation. You can model career breaks, lump sum withdrawals, one-off contributions, you and your partner retiring at different times, and include your assets outside super for more accurate modelling of your Age Pension entitlements.

About the author

Related topics,

IMPORTANT: All information on SuperGuide is general in nature only and does not take into account your personal objectives, financial situation or needs. You should consider whether any information on SuperGuide is appropriate to you before acting on it. If SuperGuide refers to a financial product you should obtain the relevant product disclosure statement (PDS) or seek personal financial advice before making any investment decisions. Comments provided by readers that may include information relating to tax, superannuation or other rules cannot be relied upon as advice. SuperGuide does not verify the information provided within comments from readers. Learn more

© Copyright SuperGuide 2008-25. Copyright for this guide belongs to SuperGuide Pty Ltd, and cannot be reproduced without express and specific consent. Learn more

Leave a Reply