Retirement Savings/Investment Illustrator
This tool will help you evaluate how much your current retirement savings/regular investment will be worth upon retirement. The tool will also show you how long this savings/investment will last you in retirement, based on your input of desired retirement income per year.
Basic Information
Additional Info
Basic Information
Additional Info
Lump Sum Top Up
Eg. Extra cash gained from bonus and are placed into the investment
Lump Sum Withdrawals
Eg. Taking out $20,000 at a certain year to pay for child's education
Did You Know?
A general rule of thumb, an optimal amount of retirement income is by withdrawing 5% of the investment amount annually. Doing so can help to minimise the risk of pot dwindling and running dry within the retirement period while ensuring the payout stays inflation-proof.
More Info
By the time you are about to turn 64 years old, you would have contributed $120,000. Your retirement funds could be worth
$299,921
Growth of 150%
Congratulations!
Based on a retirement income of $12,000, your investment will be able to last you till 80 years old!
Take Note!
Based on a retirement income of $12,000, your investment will only be able to last you till 65 years old! You will be missing income for 49 years!
At the age of 80
Total Contribution
$120,000
Total Withdrawal
$192,000
Remaining Amount
$232,146
Projected Worth
$424,146
Growth of 253%
* Note that all these figures and charts are just a general guideline, please contact your licensed financial adviser for a more holistic analysis.
