// australia — 2024-25 tax year
Annual expenses in retirement$48k
Withdrawal rate (%)4%
% in super pension phase0%
Age 60+ super withdrawals: 0% tax
Retirement age65
% Roth IRA / Roth 401k0%
Roth withdrawals: 0% tax
% Traditional IRA / 401k60%
Taxable as ordinary income
Taxable accounts: 40%
% in ISA / pension (tax-free)0%
ISA and pension drawdown: 0% on gains
% in equity (LTCG rate)70%
Equity LTCG: 12.5% above 1.25L exempt
Expenses in INR. Remaining in debt funds taxed at slab rates.
After-tax incomeTax
Keep 83%Tax 17%
What your FIRE calculator says
$1,200,000
↓
Your real tax-adjusted FIRE number
$1,441,000
Tax gap
+$241,000
16.8% effective withdrawal tax
$57,660
Gross withdrawal needed
16.8%
Effective tax rate
6 yrs
Extra working years the gap costs
// FIRE number by account composition
// how to reduce your real FIRE number