TTR (Transition to Retirement) Calculator Australia
Plan your transition to retirement. See how reducing work hours and drawing a TTR pension can maintain your income while preserving super for retirement.
01 —INPUTS
Your current superannuation balance
Your annual salary before tax at full-time hours
How many days per week you plan to work
4% to 10% allowed
Additional concessional contribution on reduced salary (SG 12% still applies)
About TTR: TTR allows Australians aged 55-60 to draw a pension from super while still working. Minimum drawdown is 4%, maximum is 10%. SG contributions (12%) still apply on reduced salary.
02 —RESULTS
Total Gross Income$85,000.00
Income Breakdown
Reduced Salary$60,000.00
TTR Pension Income$25,000.00
Income Replacement85% of full-time
Superannuation
SG Contribution$7,200.00
Salary Sacrifice$0.00
Super Earnings (7%)$35,000.00
Super Balance After 1 Year$517,200.00
Tax
Tax on TTR Pension$3,750.00
Est. After-Tax Income$67,500.00
How this works: TTR pension payments are taxed at your marginal rate, but you get a 15% tax offset if aged 55-59. Once you turn 60, TTR payments become tax-free. The after-tax estimate uses a flat 25% rate — your actual tax depends on your individual circumstances.
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Tax Accuracy & Sources
This calculator is an estimate tool and may not cover all personal circumstances. For state-based taxes, confirm details with your state or territory revenue office.
What is a TTR pension?
A Transition to Retirement (TTR) pension lets you access up to 10% of your super each year while you're still working, once you reach preservation age (55+). You can reduce your work hours and use the TTR income to supplement your salary.
How much can I withdraw from a TTR?
You must withdraw at least 4% and at most 10% of your account balance each financial year. The minimum is halved in the first year if the pension starts partway through the year.
How is TTR income taxed?
TTR pension payments are taxed at your marginal tax rate, but you get a 15% tax offset on the pension component if you're aged 55-59. Once you turn 60, TTR payments become tax-free.