New online simulator helps members see into the future

We are proud to announce the launch of the Telstra Super Simulator - an industry-leading retirement income calculator which allows you to estimate your projected super balance and how this compares to estimates for an adequate retirement income.

Our comprehensive simulator is designed to estimate your total retirement income, including benefits you may receive from the age pension and non-super investments, so that you can more clearly assess your estimated financial position in retirement and consider what you may need to do to keep your super savings on track.

You can even include financial details of your partner (if applicable) or nominate if you plan to take a break from work, or move into part-time work, to see how this might impact on your projected super balance.

The Telstra Super Simulator is also the first publicly available calculator to offer a ‘market simulator’ tool, which lets you see how market changes would impact your projected retirement savings levels. At the click of a button, you can see how your retirement lifestyle would change in the face of different external economic factors.

To make using the Simulator as easy as possible, relevant information including your age, super balance, and investment choice, is automatically populated when accessed through SuperOnline™.

The Telstra Super Simulator is an extremely useful tool for members of all ages and life stages. By taking into account your individual goals and circumstances, the Simulator paints a clear picture of how your current savings behaviour compares to what you might be hoping for.

The Simulator leads a range of recent improvements to the Telstra Super website and SuperOnline, designed to provide you with more information and greater control over how your retirement savings are being managed.

If you need additional guidance or expert advice when it comes to saving for your future, why not consider making an appointment with Telstra Super Financial Planning (available at no extra cost)? You can even bring your partner or other family members to the appointment with you.

This year Telstra Super celebrates 20 years of industry-leading member service.