Approved Financial Planners — Client Tools

What difference could extra contributions make?

Compares a projected balance at retirement with and without an additional annual contribution. Not a replacement for full advice modelling.

What difference could extra contributions make?

Compares a projected balance at retirement with and without an additional annual contribution.

Current age 40

Retirement age 65

Current balance $200,000

Current annual contributions $12,000

Include SG, salary sacrifice, and any personal contributions already being made — this is the baseline before the extra amount below.

Extra annual contribution $5,000

Expected return (% p.a.) 6.5%

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Balance without extra contributions

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Balance with extra contributions

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Difference at retirement

This is a general illustration only and does not constitute personal financial advice. It does not account for contribution caps, tax on contributions, co-contributions, insurance premiums or fees. Figures are indicative estimates and are not guaranteed. Speak with your adviser before making any decisions, including checking this against current contribution cap limits on the ATO website.

Approved Financial Planners Pty Ltd — AFSL 536864. Before acting on any illustration, consider its appropriateness and speak with your adviser.