FINANCIAL ASSUMPTIONS

TAKE THE QUIZ AND SEE WHEN YOU CAN RETIRE WITHOUT SUFFERING WHEN YOU'RE OLD

Age  
Retirement Age
Gender
Expected return on your current investments (p.a.)  %
Inflation rate (Hint: currently 5.1%)  %
Expected income tax rate at retirement  %
Current savings situation
Current balance of existing retirement funding  Rands
Current monthly savings for retirement  Rands
Yearly growth rate of contributions (typically raises as your salary does)  %
Your needs at retirement
Current monthly need after tax  Rands
Do you need a lump sum payment at retirement?  Rands
CALCULATE
Projected monthly net income (after tax) required at retirement
R0
Projected monthly gross income (before tax) required at retirement
R0
Required lumpsum at retirement, to fund gross income and one-off need
R0
Total expected proceeds from existing funding, at retirement date
R0
Total expected deficit at retirement
R0
Extra monthly contribution required to fund the expected deficit at retirement
R0