Our online calculators are designed to illustrate how you can modify different variables to transform your financial future.
Salary sacrifice calculator
Salary sacrifice is an arrangement between you and your employer in which you agree to forego part of your pre-tax salary to contribute to your super. You can use salary sacrifice as a way of boosting your super and reducing your taxable salary.
Use the salary sacrifice calculator to:
- See the impact of salary sacrifice on your take home pay
- Compare the difference between making super contributions before (salary sacrifice) and after tax
Insurance calculator
You can protect you and your family against the loss of earning potential as a result of illness, death or disablement, with CARE Super’s insurance cover. Insurance premiums are deducted from your CARE Super account so you’re not out of pocket.
Use the insurance calculator to:
- Determine the right kind of insurance cover for you
- Work out what your projected insurance payout would be in the event of your death or disablement
- See what insurance premiums will be deducted from your CARE Super account based on your selected level of cover
Super and Pension calculator
CARE Super can look after your super throughout your working life (accumulation phase) and beyond (drawdown phase).
The accumulation phase is where your super contributions are gradually increased during your working career. The more you accumulate during your working life, the more you will have to draw from in retirement.
The drawdown phase occurs where you stop work, and use the money you have saved during the accumulation phase to live on in retirement.
Use the super and pension calculator to:
- Plan for your retirement – see how contributing more to super during your working life can help you achieve a more comfortable retirement
- Determine how much super you will need to accumulate in order to maintain your desired lifestyle in retirement
- See how far your super can take you in retirement
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