SuperEd’s Retirement Income Forecasting Engine (RIFE) provides accurate and realistic retirement income projections, enabling better planning and decision-making for members and deeper insights for super funds.
Key Features:
Stochastic and Deterministic Forecasting: RIFE offers both stochastic and deterministic (without market volatility) forecasts, providing a comprehensive view of potential retirement outcomes.
Household Modeling: The engine provides sophisticated household models, including super and non-super assets, different retirement ages for partners, and customised spending at various life stages.
Market and Sequencing Risk: The engine accounts for market and sequencing risk, crucial factors often ignored in standard industry calculators, by generating 1,000 wealth and income paths aggregated at various confidence levels.
Integrated Age Pension: The forecasting incorporates Age Pension and other entitlements, including work bonuses, energy and pension supplements, and rules for assessing annuities and defined benefits.
Tax Considerations: Includes personal income and capital gains tax, SAPTO, Medicare levy, franking credits, LITO, government co-contributions, LISTO, and Div 293 contributions tax.
Scalable and Secure: RIFE is deployed on scalable and secure AWS infrastructure in Sydney, tested to handle over 500,000 users per hour with average response times below 2 seconds. It is ISO 27001:2022 certified.
For more information about SuperEd’s Forecasting Engine, please contact Jeremy Houghton.