Lifespan Calculator
One of the Greatest Retirement Risks is Outliving Your Savings.
With Australians living longer, it is more important than ever to understand how long a retiree could need their retirement income to last. Use the Lifespan Calculator to estimate life expectancy and possible planning horizon. The Lifespan Calculator is based on the latest Life Tables from the ABS and Australian Government Actuary, and health data from one the world’s largest reinsurers of longevity risk.
Powered by Optimum Pensions.
About the Lifespan Calculator
One of the greatest retirement risks is outliving your savings - this is known as longevity risk. With Australians living longer it is more important than ever to make sure retirement savings will last. Yet too many Australians focus on how much they will need to retire, instead of how long their financial plan and retirement funds will need to last.
What does a retiree need to help plan appropriately for retirement?
It’s simple.
A solid understanding of the probability of living to a certain age + access to retirement products that will guarantee retirement income.
Introducing Lifespan Calculator
Determine how long a retiree might live for a better understanding of how long retirement income needs to last.
Built by a team of leading superannuation actuaries.
Health data from one the world’s largest reinsurers of longevity risk.
Based on the latest Life Tables from the ABS and Australian Government Actuary.
Lifespan projections are displayed visually in numbers and graphs to clearly communicate results.
Confidence for better retirement planning.
A quick, accurate online tool that takes into account:
Health and lifestyle
Marital status for informed decision making for couples.
Desired confidence level and attitude to risk.
Personalised input can then be used for financial planning and retirement calculators.
ADVISER USE ONLY: Learn how to research, compare and choose lifetime income products in Australia.