Large corporate fund Telstra Super has broken new ground by launching a publicly-available retirement calculator that incorporates an investment market simulator.
Telstra Super's general manager of client development, marketing and communications, Kevin Moloney, said the Telstra Super Simulator would allow users to generate a realistic whole of life snapshot of how their current savings plan would position them for retirement.
He said the simulator complemented the services of Telstra Super Financial Planning.
“By accessing the simulator through our secure SuperOnline portal, members will see relevant information automatically populated, including their age, super balance and investment choice,” Moloney said.
He said this would provide members with an immediate idea of how their current savings behaviour compares to what they might have been hoping for.
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