Your retirement profile

Your account balance

$

Your Account balance consists of:


$

if you take your super today


$

Preserved Amount

(can be accessed at retirement)

 

$

Non Preserved Amount

 


Your non preserved component consists of:

$

Tax Free Amount

 

$

Taxable Amount

 


We estimate you will have

$

In {} you'll have

Retiring now with

 

$

income P.A

 

{}

of retirement income

 

{}

of what you need


Estimations: close

The percentage “of what you need” is an estimate based on your projected final balance and a benchmark related to the ASFA comfortable retirement income. This income may not suit your personal needs (see Important information link below). Changes you make on this page won't affect your account and won’t appear on your dashboard.


Your Account balance consists of:


$

if you take your super today

$

Preserved Amount

(can be accessed at retirement)

$

Non Preserved Amount

Your non preserved component consists of:

$

Tax Free Amount

 

$

Taxable Amount

 

YOUR RETIREMENT ESTIMATE IS BASED ON

Salary :

Default -

Desired income in retirement p.a. :

Default -

Retire at age :

Default -

More

Additional information about you

The more you can accurately tell us about your retirement goals, your contributions and your circumstances, the more accurately we can display retirement estimates and insights.

I am partnered
Yes No

I am homeowner
Yes No

I am self-employed
Yes No

Strategy :

Default -

Employer contributions (%) :

Default -

Member Contributions (%) :

Default -

Salary sacrifice contribution p.a. :

Default -

After tax contribution p.a. :

Default -

One-off contribution / rollover now :

Default -

Adjust default returns by :

Default -

Investment fee :

Default -

Insurance and Admin fee :

Default -

Insurance fee :

Default -

Inflation (CPI) :

Default -

About your benefits

As a defined benefit member of the Plan, your benefits are based on a formula that combines your superannuation salary or Final Average Salary with your years of membership. You are also able to make voluntary member contributions to increase your membership.

For further information on how your benefits are calculated, please refer to the member booklet on the Documents page or contact the Plan Helpline on 1300 424 676.

Call us today 1300 424 676

Important information

Salary

Your annual salary before tax and any reduction for personal or salary sacrifice contributions. The default value of Salary has been estimated based on your employer contributions.

Desired Income in Retirement P.A.

This is the total income you would like to live on in retirement, in today’s dollars. The calculation assumes this will be indexed at 2.5% p.a. in retirement. The default value is set to the ASFA Comfortable level for singles. If you are partnered, enter half of what you will need as a couple.

Retire at Age

The default retirement age is the greater of 67 and your next age.

Partnered

You can indicate your expected partner status at retirement

Homeowner

You can indicate your expected homeowner status at retirement

Self-Employed

Indicate here whether you are self-employed. If you are self-employed, the calculation will assume you do not receive employer contributions

Strategy

Indicate your investment strategy here. If you invest in multiple options, or your option is not listed, select the one closest to your overall portfolio. You can view the default returns for the different options by clicking through to Important information and More information.

Employer Contributions

Set your employer contribution rate here. For most people this will be the current Super Guarantee rate

Salary Sacrifice Contribution P.A.

The annual amount of salary sacrifice contributions you make (if applicable). Salary sacrifice contributions are contributions made from your pre-tax salary. Note that salary sacrifice contributions include any contributions for which a tax deduction is claimed. The estimate assumes this will increase at the same rate as your salary. Remember both employer contributions and salary sacrifice contributions count towards your concessional contributions cap.

After Tax Contribution P.A.

The annual level of after-tax contributions you pay. The estimate assumes these will increase at the same rate as your salary.

One Off Contribution / Rollover Now

This refers to a one-time after-tax contribution or rollover you expect to make. If you have super outside of this account, you can include it here.

Adjust Default Returns By

Use this slider to increase or decrease the default investment return if you anticipate it may be different from the long-term return for the selected option.

Asset Based Fee

Asset-based fees are the fees that are expressed as an annual percentage of your super balance. The default value is the standard rate for your account, but you may receive an employer-based discount

Insurance Fee

The default value is based on your current annual insurance premium. The estimate will deduct this amount from your super each year until you retire.

Admin Fee

The default value is your current standard dollar admin fee. The estimate will deduct this amount from your super each year until you retire.

Inflation (CPI)

This is the rate of future price inflation relevant to the area you work and transact. The default value of 2.5% p.a. has been set by ASIC.

Retirement Estimate

Super disclaimer content:

The estimate shown here is based on the following information about you:

  • Your age
  • Your account balance
  • An estimate of your salary based on employer contributions
  • Your current insurance premium
  • The administration fees payable on your account

It also includes assumptions about:

  • Investment earnings and fees on your super
  • Inflation
  • Employer contributions at the SG rate
  • No voluntary contributions
  • Your partner and homeowner status
  • Your desired retirement income

You can view and change these assumptions, but any updates will not affect your account or appear on your Dashboard.

This estimate does not consider your personal objectives, financial situation or needs. For personal financial advice, please contact us to speak to a financial adviser.

Changing Jobs

It's simple to take your IAG & NRMA Super to your new employer.
Learn more

Are you on Track?

How are you tracking towards retirement and will you have enough to live the retirement you want?
Find out more

Find other super

Perform a search with the ATO to see if you have super elsewhere, then consolidate it to your IAG & NRMA Super Plan account.
Go there now

To finding out if you are eligible to contribute more to your Mercer super account, call us on 1800 682 525