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HOW TO USE THE CALCULTOR Key in
your required annual income after retirement (as
rough estimate of your required annual income after
retirement, 70% of your current income may be used).
Key in the age at which you would like to retire.
Key in the amount that has already been saved for
retirement purposes, i.e. retirement annuities,
pension fund investment, etc. Key in your annual
contributions to annuity and retirement funds,
including employer contributions. (Your current
contribution to your pension fund is often around
7,5% of your gross salary. Employer contribution to
retirement funds is usually also 7.5%). Key in your
current age. | |
What will this Calculate?
Calculates the additional amount to be saved
monthly in order to achieve this income at
retirement. Normal life expectancy and after-tax
real returns of 3% on your savings are assumed. |
DISCLAIMER While every effort has been
made to ensure accuracy, no responsibility can
be accepted for errors or omissions however
caused. No responsibility for any loss
occasioned to any person acting or refraining
from action as a result of material in this
programme is accepted by Annette Laing Property Consultants. |
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