Your retirement profile

Your account balance

WE ESTIMATE

In {} you will have

Income P.A

{}

of retirement income

{}

of what you need

This area contains the data and assumptions used in your retirement estimate. You can change the inputs on the controls below, and click Update to see the results.

YOUR RETIREMENT ESTIMATE IS BASED ON

Salary :

Default -

Desired income in retirement p.a. :

Default -

Retire at age :

Default -

Additional information about you

You can further customise your retirement estimate with the input sliders below. Click Update to refresh your estimate.

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 :

Default -

Adjust default returns by :

Default -

Asset Based Fee :

Default -

Admin fee :

Default -

Insurance fee :

Default -

Inflation (CPI) :

Default -

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A mercer financial adviser can help you understand your defined benefit entitlements so you can make the right choices to meet your personal needs.

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Select the most appropriate level of contributions and maintain cash flow
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Important information

The estimates of your retirement balance, how much income you may need, and how long it may last, are not guaranteed, they are intended to help you consider whether you are on track to meet your savings goals. Your circumstances may be different to those reflected in the estimate. The estimates do not consider your personal objectives, financial situation (including other sources of income you may have) or needs. You should consider these matters and seek advice from an appropriately qualified financial advice provider before making any decisions concerning your retirement savings or making other investment decisions.

The figures are based on your age and period to retirement (in whole years), your current balance, and a number of default assumptions, which you can see by clicking on your Account Balance page. (Although you can alter the default assumptions on your account balance page, the Dashboard figures will not change). Because you are able to make changes to the default assumptions and include details specific to you, this projected balance may vary to that on your annual member statement (if applicable).

We have used the New Zealand Retirement Expenditure Guidelines (“the Guidelines”) published by the Massey Fin Ed Centre to inform the estimate of what income you may need in retirement. The Guidelines estimate the savings required to fund the gap between what you might spend in retirement, and the NZ Super you may receive. The Guidelines do not represent a recommended level of spending in retirement, but reflect actual levels of expenditure in retired households (defined as being where one form of income is from NZ Super, a war pension or other government pension) based on results reported in the Statistics New Zealand’s 2022/23 Household Economic Survey.

Mercer has used the Guidelines’ “Metro” budget (based on data for the Auckland and Wellington Regional Council areas and Christchurch City) and assumed a one-person household, to provide an estimate of a comfortable retirement annual income. We have adopted a position between the “Choices” and No Frills” budget, and used a benchmark of an annual retirement income of $38,000 per annum. For more information on the Guidelines, you can read the complete report which is available under the Retirement Expenditure Guidelines section here.

There are many factors unique to you that may cause your retirement spending to be different from the default level. Also, the Massey guidelines can change from year to year. You may consider assistance from an appropriately qualified financial advice provider to establish the retirement expenditure most suitable for you.

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Your retirement profile

Your account balance

Your Account balance consists of:

WE ESTIMATE

In {} you will have

Retiring now with

Income P.A

of retirement income

of what you need

Estimations:

Your Account balance consists of:

YOUR RETIREMENT ESTIMATE IS BASED ON

Salary :

Desired income in retirement p.a. :

Retire at age :

Additional information about you

I am partnered

Yes No

I am homeowner

Yes No

I am self-employed

Yes No

Strategy :

Employer contributions (%) :

Member Contributions (%) :

Salary sacrifice contribution p.a. :

After tax contribution p.a. :

One-off contribution :

Adjust default returns by :

Asset Based Fee :

Admin fee :

Insurance fee :

Inflation (CPI) :

Get the right advice

Oops, there's been an unexpected error.

Your retirement profile

Your account balance

Your Account balance consists of:

WE ESTIMATE

In {} you will have

Retiring now with

Income P.A

of retirement income

of what you need

Estimations:

Your Account balance consists of:

YOUR RETIREMENT ESTIMATE IS BASED ON

Salary :

Desired income in retirement p.a. :

Retire at age :

Additional information about you

I am partnered Yes No

I am homeowner Yes No

I am self-employed Yes No

Strategy :

Employer contributions (%) :

Member Contributions (%) :

Salary sacrifice contribution p.a. :

After tax contribution p.a. :

One-off contribution :

Adjust default returns by :

Asset Based Fee :

Admin fee :

Insurance fee :

Inflation (CPI) :

Get the right advice

Choose the right fund for you

Tax Rate Information

Get Financial Advice

Salary

Desired Income in Retirement P.A.

Retire at Age

Partnered

Homeowner

Self-Employed

Strategy

Employer Contributions

Member contributions

After Tax Contribution P.A.

ONE-OFF CONTRIBUTION

Adjust Default Returns By

Asset Based Fee

Inflation (CPI)

More Information- Retirement Projections

Disclaimer Estimations Contribution caps

Balance estimate disclaimer

I am partnered

Yes No

I am homeowner

Yes No

I am self-employed

Yes No