A free retirement calculator that stays on your device
SpendSimplified's retirement calculator shows how much to save each month to hit your target retirement income — including super, savings, and optional investment property, modelled either as a kept rental or sold at retirement, with SMSF property handled separately.
There is nothing to sign up for and no bank connection. Everything is calculated in your browser, so your numbers are never sent to us.
How it works
- Set your current age, target retirement age, and super preservation age.
- Enter your current super balance, salary, and savings outside super.
- If you own investment property, choose whether to keep it (rental income) or sell it at retirement (net proceeds), and add SMSF property separately if relevant.
- Set your target monthly retirement income and any other passive income.
- See your projected super balance, any savings gap, and the monthly amount needed to close it.
Frequently asked questions
Is this retirement calculator really free?
Yes. There is no sign-up, no account and no paid tier. Open the page and start adjusting the sliders.
Where is my data stored?
Only in your own browser. Nothing you enter is sent to a server, and nothing is saved unless you choose to export it.
What is preservation age?
Preservation age is the age at which you can access your superannuation. For most Australians born after June 1964 this is 60. If you plan to retire before this age, you will need savings or other income outside super to cover the years in between.
Should I keep or sell my investment property?
The calculator lets you model both. "Keep & rent" treats your property as an ongoing asset whose net rental income offsets your target retirement income. "Sell at retirement" grows the equity until your retirement age, deducts an estimated capital gains tax and selling cost percentage, and adds the net proceeds directly toward your savings target. Try both to compare.
How is SMSF property handled?
SMSF property is modelled separately from personal investment property. It grows until your super preservation age, is then treated as sold with an estimated capital gains tax deduction, and the net proceeds are added to your superannuation balance before your retirement income is calculated.
How is the required monthly savings figure calculated?
The calculator projects your super balance forward using estimated employer contributions and your chosen growth rate, works out any gap between your target income and what super plus other income (including property, if included) will cover, and converts that gap into a monthly savings figure using standard compound interest formulas.
Does this include the Age Pension?
No. The calculator only models your own super, savings and property. The Age Pension has its own means testing and eligibility rules, so treat this tool's numbers as a conservative estimate before any pension entitlement.
Is this financial advice?
No. This calculator gives general information only and does not consider your personal circumstances. CGT figures in particular are rough estimates. For decisions about retirement, property or super, speak to a licensed financial adviser or accountant.