Planning for retirement comes with unique financial considerations, and Challenger’s tools are designed to help you learn how to:

• Plan for longevity: Help make your savings last by gaining insights into planning for income that lasts as long as you do.
• Adapt to inflation: Rising costs can impact your purchasing power over time. Challenger’s tools help you think about projecting future expenses and the different things to consider in adjusting your strategy if you want to maintain financial stability.
• Manage market fluctuations: Changes in the market can affect your retirement savings. Our resources offer strategies to consider in creating stable and reliable income streams, helping to give you greater peace of mind.

By addressing these challenges, Challenger’s tools and guides can help empower you to build a well-prepared retirement plan.  

Retirement planning also involves navigating key financial risks that could impact your future. Challenger’s tools and guides are designed to help you learn how to manage these risks more effectively:

• Longevity risk: The possibility of outliving your savings is a major concern for retirees. Our tools can provide insights to help you plan for lifetime income, helping to ensure your funds last as long as you need them.
• Inflation risk: Rising costs can erode your purchasing power over time. Challenger’s tools illustrate how your income could align with future expenses helping you adapt your strategy.
• Market risk: Market fluctuations can impact your retirement savings. Our resources can offer strategies to consider in helping to create stable and reliable income streams, giving you greater confidence in your financial future.

By considering these risks, Challenger’s tools can support your financial planning and help you retire with peace of mind.

A retirement calculator is a tool designed to help Australians estimate how long their superannuation and savings might last in retirement. It takes into account factors like your current savings, expected expenses, and potential Age Pension eligibility to help provide a clearer picture of your financial future. While it’s a great starting point, keep in mind that calculators rely on assumptions and have limitations. For personalised guidance, it’s always a good idea to consult a financial adviser.

Spending planners are interactive tools that help you estimate your essential (needs) and discretionary (wants) expenses in retirement. By understanding your spending habits, you can create a more realistic budget to ensure your savings last and support your desired lifestyle.

Retirement planning is crucial for Australians to ensure their superannuation, savings, and potential Age Pension benefits are sufficient to support their lifestyle. It helps you address risks like inflation, market fluctuations, and longevity, giving you greater confidence in your financial future.

Challenger’s retirement tools are designed to support Australians who are planning for or are already in retirement. Whether you’re just starting to think about your retirement strategy, refining your retirement plans, or managing your finances post-retirement, these tools and educational resources can provide practical insights for the unique needs of Australian retirees.

Yes, retirement calculators like our Retire with Confidence tool can help you estimate your potential Age Pension eligibility. Modelling is just one way to learn how to plan for a brighter future. All models have limitations and assumptions.  This allows you to factor it into your overall retirement income plan and identify any income gaps.

Yes, all of Challenger’s retirement tools, calculators, and educational guides are free to use. They are designed to provide accessible and practical support for Australians planning their retirement.

Getting started is simple. Explore the tools and educational resources available on this page, including the retirement calculator, spending planners, and educational guides. Each tool is user-friendly and designed to help Australians take control of their retirement planning.