The FisCalc
// SUPER

Transition to Retirement Calculator

Model your TTR pension strategy — salary sacrifice into super while drawing a pension to maintain take-home pay

// YOUR_DETAILS

✓ TTR available (age 60+)

$450,000

$120,000

// TTR_STRATEGY

$15,000

SG contribution (12%):

$14,400

Cap remaining:

$600

Total concessional cap: $30,000/yr (incl. SG)

6.0%

$27,000 per year from super

Minimum: 4% | Maximum: 10%

// RETURNS & FEES

7.0%
0.6%
2.5%

Annual tax saving

$5,175

Super boost at retirement: -$100,920 | 7 year TTR period

Income Comparison

WITHOUT TTR

Gross salary$120,000
Income tax$29,467
Medicare levy$2,400
Take-home pay$88,133

WITH TTR

Salary (sacrificed)$105,000
Income tax$24,592
Medicare levy$2,100
TTR pension (tax-free)$27,000
Net income$105,308
+$17,175

Super Balance at Retirement (inflation-adjusted)

Without TTR
$740,228
With TTR
$639,308

Extra super at retirement

-$100,920

TTR period

7 years

Total tax saved

$36,225

TTR Strategy Update (July 2017+)

TTR pensions have been less tax-effective since July 2017 when earnings tax was introduced. The main benefit now is the concessional contribution tax saving. The TTR pension itself is tax-free to recipients over 60, but earnings within the fund are taxed at 15%. Get advice if you're pushing near the $30,000 concessional cap.

Year-by-Year Projection

YearAgeWithout TTRWith TTRDifferenceTax Saving
060$493,200$481,200-$12,000$5,175
161$539,165$514,397-$24,768$5,175
262$588,071$549,718-$38,353$5,175
363$640,108$587,300-$52,808$5,175
464$695,475$627,287-$68,187$5,175
565$754,385$669,834-$84,551$5,175
666$817,066$715,103-$101,963$5,175
767$883,758$763,270-$120,488$5,175

Disclaimer: This calculator uses simplified tax and super rules. Individual circumstances vary — contribution caps, division 293 tax (for high earners), and fund rules may affect your outcome. TTR strategy effectiveness reduced since July 2017. Not financial advice. Always consult a qualified financial adviser.