Retirement Calculator – AustraliaPosted on November 26th, 2010 William No comments
While this site is primarily aimed at a US audience (and anyone in another country should carefully double check any advice that depends on tax law), it seemed worthwhile to include some information for our friends overseas as well. However, retirement calculations really aren't that complicated: take the amount of money you're going to invest, figure out how long you're going to invest it for, and use a simple formula to determine how much money you'll have at retirement!
The main country-specific item to consider (aside from the differences in available retirement plans) is the Age Pension available in Australia. The age pension provides income for elderly persons who do not make sufficient money to live on; as the numbers will change from year to year, you should refer to the Australian government website for the latest information.
With that in mind, please refer to our other retirement calculators.
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