FairWay Calculator for Sustainable Drawdown in Retirement
Determine your planning horizon and sustainable drawdown pathway based on personalised longevity and health factors.
Your household profile
Marital Situation
What situation describes you best in terms of Age Pension Eligibility when you retired?
Are you a homeowner for Age Pension purposes?
You
Partner
Current Age
Gender
Your Personalised Longevity Assessment
You
Partner
Former Manual Labour
General Health Status
Smoker (Last 10 Years)
Diagnosed health conditions that will be included in your longevity assessment
Diabetes Diagnosis
Active Cancer History
Stroke (Last 10 Years)
Heart Disease
Note these are common health diagnoses and may not include your particular health circumstances.
Your Household’s Finances
Balance of Retirement Savings
Other Asset Assessable for Age Pension Eligibility
This calculator provides a simplified assessment of Age Pension eligibility based on the asset test only. It does not model the full Age Pension assessment process, which may also depend on the income test and other legislative provisions. A full assessment would require a financial adviser.
Your Risk Tolerance for Outliving Planning Horizon
Risk of Outliving Planning Horizon
Investment Return (Above CPI)
This calculator uses a conservative investment return in line with the Australian Government “MoneySmart” assumptions.
Risk of Outliving Planning Horizon
-
Age of Youngest Life at End of Horizon
- Age
Planning Horizon
- Years
Initial Statutory Minimum Drawdown (% Balance)
- p.a.
% Income efficiency at end of planning horizon
-
Initial Sustainable Drawdown (% Balance)
- p.a.
% Income efficiency at end of planning horizon
-
Initial Sustainable Drawdown (% Balance) with age pension interactions
- p.a.
% Income efficiency at end of planning horizon
-
Present value of age pension boost
- total
Income Profile Chart
Calculate to generate your income profile
Outputs are computed instantly in your browser from the Azuria actuarial model.