Retirement Planner

Am I on track, and what income could my savings provide?

Am I on track, and what income could my savings provide? Set a target as a monthly income or a share of your salary, and see your projected pot, the income it could pay, and what to save each month to close any gap.

Your details

Adjust any field — results update instantly. Figures are in today's rands.

Your age

years

18 years70 years

Target retirement age

years

55 years75 years

Current retirement savings (balance)

R0R10 000 000

Total across your pension fund, provident fund, RA, and any preservation funds.

Current monthly contributions

R0/moR50 000/mo

Your contribution plus any employer match.

Expected real return

Projections use a real return: investment growth after inflation, so every figure is in today’s rands. The presets are assumptions, not forecasts.

Set your retirement income target as

Target monthly income (today's rands)

R5 000/moR200 000/mo

What that amount buys today — not what you think you'll need in future rands.

Your projected retirement income

today's money

R11 301/mo

against a target of R25 000/mo

45% funded

Your savings are on track for less than half of your target. Even small, early increases in monthly contributions make a large difference over 30 years.

Projected pot

R3.39m

at age 65

Capital required

R7.50m

at a 4% drawdown

Shortfall

R4.11m

in capital

Extra saving needed

R4 938/mo

on top of what you save now

A projection, not financial advice. Uses a 4% sustainable drawdown rate and real (inflation-adjusted) returns. Speak to a qualified financial adviser before making decisions.

Uses GuideStation assumptions, not official rates · Sources & methodology

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PAYE, UIF and net pay

Turning an income into a number

A monthly income target becomes a capital target through the drawdown rate — the share of a pot you can take each year without running it dry. At 4%, every R1,000/mo you want in retirement needs roughly R300 000 saved. The 4% figure is a widely used rule of thumb, not a guarantee: markets, fees and how long you live all move it.

Everything here is in today's money

Enter the income you want in today's rands — what R25,000 buys now, not what you guess it might buy in thirty years. Inflation is already stripped out of both sides: your savings grow at a real (after-inflation) return, and your target stays in today's terms. So the figures compare like with like, and you never have to guess at a future price level.

Closing the gap

If there's a shortfall, the extra saving needed shows what it would take each month to reach your target by your retirement age. The earlier you start, the smaller that number — compound growth does most of the work over time.

A projection for planning only, not financial advice. Estimates use a 4% sustainable drawdown rate and real (inflation-adjusted) returns — speak to a qualified financial adviser before making decisions.