Retirement tool
Account-based pension longevity
How long the pension lasts.
Projects how long an account-based or transition-to-retirement pension lasts, drawing either the legislated minimum or a desired income, and shows the year-by-year balance to the depletion age.
Minimum drawdown percentages step up with age exactly as legislated, so the projection reflects what the client will actually be required to draw.
What you see on screen
In the app this chart is live: every assumption is on screen, editable, and the projection moves as you change it.
Key inputs
- Starting pension balance and the client's age
- Desired annual income, or minimum-only drawdown
- Expected return and fees
- Indexation of the income target
What it reports
- Year-by-year balance and drawdown
- The age at which the balance is projected to run out
- Total income drawn over the pension's life
- How the minimum drawdown escalates with age
Insights it surfaces
Alongside the numbers, the tool writes plain-language findings you can carry straight into the conversation. Example wording, from sample figures:
Drawing $52,000 indexed from a $640,000 balance, the pension is projected to last to age 89.
Trimming the drawdown by $4,000 a year extends the projected depletion age from 89 to 93.
Every tool, every time
Rates and thresholds come from the verified Australian rate set for the selected financial year. Every run can be saved as a scenario against the client, exported as a client-ready PDF or an Excel workbook with live formulas, and carried into an SOA or ROA. A methodology and audit PDF documents the calculation, and every output carries the compliance block.