Retirement Needs Calculator
Fill in the fields below to get an estimate of what you will need when you reach retirement. If you have any retirement related queries you can ask our retirement expert or post it on the forum.
| Retirement Calculator Results | |
|---|---|
| Projected monthly net income (after tax) required at retirement | R205,714 |
| Projected monthly gross income (before tax) required at retirement | R274,285 |
| Required lumpsum at retirement, to fund gross income and one-off need (Point 4 above) | R50,159,157 |
| Total expected proceeds from existing funding, at retirement date | R31,712,989 |
| Total expected deficit at retirement | -R18,446,169 |
| Extra monthly contribution required to fund the expected deficit at retirement | R3,011 |
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Deals
Bakwena Day Spa Black Friday Vouchers
Price: From R549
When: Until 27 November 2020
Where: Broederstroom, Centurion, Kuils River
One & Only Hotel Complimentary Nights
Price: Available on request
When: Until 17 December 2020
Where: Cape Town
Spur’s Unreal Breakfast Special
Price: R39.90
When: Daily
Where: Nationwide
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