Estimate how long an account-based pension could last. Adjust your starting balance, the income you draw, and the return your money earns after fees. It’s a simplified projection — a real plan also factors in the Age Pension, inflation and market sequencing.
Your money could last about
27 years
until around age 92
Annual draw as % of balance8.0%
Min. required drawdown at your age5%
First-year investment earnings$30,000
How to read this
Each year we add the return, subtract your drawdown, and repeat until the balance hits zero. A draw well above your return will run the balance down; a draw below it can last indefinitely. The minimum drawdown is the government-set percentage you must take at your age — you can always take more.
Simplified estimate only. Assumes a constant return and a constant real drawdown, and ignores inflation, fees changes, tax, market sequencing and the Age Pension — all of which materially affect the real answer. Not personal advice. For a projection built around your situation, book a review.
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