Retirement Planning Tool
Lifespan Calculator
With Australians living longer than ever, the greatest risk in retirement is outliving your savings. Built on Australian Bureau of Statistics Life Tables, this tool helps you understand how long your income truly needs to last.
92
Average female life expectancy (ABS)
88
Average male life expectancy (ABS)
25+
Years of retirement income needed
4 min
Time to complete the calculator
What We Help You Understand
Feel confident in retirement
Many people delay retirement decisions because of FORO — the Fear of Running Out of money. It's a real and reasonable concern. With Australians living longer, understanding your personal planning horizon is the essential first step.
The Lifespan Calculator uses Australian Government Life Tables combined with personalised longevity factors from Optimum Pensions actuaries. It gives you a realistic, data-driven estimate — not a generic guess.
Use this as the foundation for conversations about contribution strategies, pension structures, and how to make your super last as long as you do.
The big question in retirement planning:
How long should your
retirement income last?
Nobody knows exactly how long they will live. This makes financial planning difficult — you can't know how long your savings need to last without a personalised estimate. Use this calculator to get a more informed picture based on your specific situation.
Start the Calculator belowWant a personalised retirement strategy?
Once you have your lifespan estimate, our SMSF Coach service can help you build a plan around it — from contribution strategies to income drawdown and spouse equalisation.