|
How much will I have?
If you want to know what money you’ll
have to spend when you stop working, then you’ve come
to the right place.
We’ve got a couple of calculators
here that will give you a rough estimate. You can decide
if you need to put more money into your super so you can
live your dreams!
SuperCalc for members
We’ve developed SuperCalc especially
for members of Westpac Staff Super. You can find it when
you log into the member
area. All your details and account balances are automatically
downloaded into the calculator which then allows you to
make a broad projection of how much super you’ll have
using different salary scales and investment returns.
If you don’t have a PIN, login and
request one now. But if you can’t wait to get your
PIN, then there here’s another calculator you can
try.
ASIC’s FIDO calculator
If you don’t want to use our calculator,
it's worth checking out the Australian Securities and Investments
Commission’s FIDO
calculator. It’s ASIC’s job is to protect
consumers by making sure financial institutions don’t
get tricky and mislead them.
But wait, a word of warning!!!
No calculator is perfect, so there’s
no guarantee with any calculator you try. Even if such a
calculator existed, it would be impossible to predict how
much money you would end up with from investing in super.
So, the best thing
to do is try a couple of different calculators and check
out what information they take into consideration (look
for where they talk about assumptions). And if you’re
still not sure, then seek some financial advice.
More importantly, seek some financial advice if you need
more help.
|