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.
Eg. Extra cash gained from bonus and are placed into the investment
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
Growth of 253%