Retirement Forecaster Calculator

In SA this is usually 65, but it’s essentially the age at which you will no longer earn an income from employment.

Net after-tax, monthly.

What percentage of your current income in today's terms, do you want to have at retirement? E.g.R 80 000 p.m. today, perhaps you desire R 48 000 during retirement, thus 60%.

The Rand value of all investments today.

Contributions to retirement funds (pension, provident or retirement annuity) are tax deductible, up to certain limits. Currently, 27.5% of the greater of your taxable income and remuneration is tax deductible, but up to a maximum limit of R350,000 p.a.

Typically it's between 5% - 12% but can be higher or lower depending on your underlying investment. 8% after fees is often used as a prudent estimated return for long-term investments. (5+ years).

The SA Reserve Bank tries to get inflation between 3% - 6% p.a. For this calculator we default to 5.5% as a prudent estimation. This calculator also assumes that your monthly contributions pre-retirement and income drawn post-retirement, increases annually at this percentage.