Fin24 Retirement Planning
 
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Retirement Planning Calculator

Are you putting enough money away for your retirement? Take a minute to calculate your monthly income at retirement age from the money you're saving right now.

Enter the current values and monthly contributions of your retirement funds below:

Value Monthly contribution
Provident fund R R
Pension fund R R
Retirement annuities R R
Other R R
How many years before you retire? years
Total value of funds R
Total monthly contributions R
Your total funds at retirement will be R
This will be sufficient for a gross monthly income of R
Value of monthly income in today's buying power R

The following assumptions are used in this calculation:

  • 7% Increase in contributions
  • 12% Investment return
  • 7% Increase in post retirement income return
  • 7% Inflation
  • No capital left after 25 years
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