Monthly: $3,750.00
Annual Payment
$45,000.00
Tax on Payment
$0.00
Net Payment
$45,000.00
Drawdown Rate
5.6%
Min Required
5.0%
Years to Exhaust
~18
Drawdown Breakdown
Super Pension Tax Treatment
If you are 60 or over, super pension payments from a taxed fund are generally tax-free. Under 60, the taxable component is taxed at your marginal rate but you receive a 15% tax offset.
Minimum Drawdown Requirements
Account-based pensions have minimum annual drawdown requirements based on your age and balance at 1 July. You must draw at least the minimum each financial year. There is no maximum for account-based pensions (unlike TTR pensions).
Transition to Retirement (TTR)
TTR pensions are available from preservation age (currently 60) while still working. They are capped at 10% of your balance per year and earnings in the fund are taxed at 15% (unlike retirement-phase pensions where earnings are tax-free).
Balance Projection Disclaimer
The projection assumes 5% annual growth which is for illustration only. Actual investment returns will vary depending on your fund's asset allocation and market conditions. Past performance is not a reliable indicator of future performance.
ATO-Aligned: Uses 2025-26 rules. The projection assumes 5% annual growth which is for illustration only. Actual returns will vary. Seek financial advice for retirement planning.
Disclaimer: This calculator provides estimates based on current ATO rates and thresholds for the 2024–25 financial year. It does not constitute professional tax, financial, or legal advice. Your actual liability may differ depending on your individual circumstances. Always consult a qualified tax agent before making financial decisions. Read our terms
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