Most South Africans reach retirement with less than 20% of what they need. Our calculator shows you exactly where you stand — and what it takes to close the gap.
6%
Average SA inflation
75%
Income needed at retirement
Save your results and proceed directly to onboarding — your goals will be carried through to your adviser and pre-populate your financial profile.
About you
Current age35
Retirement age65
Life expectancy85
Current finances
Monthly income (gross)R 40,000
Current retirement savingsR 200,000
Monthly contributionR 3,000
Assumptions
Income replacement needed75%
Return pre-retirement10.0%
Return post-retirement6.0%
Inflation rate6.0%
Projected at retirement
R 2.61m
Amount needed
R 7.20m
Shortfall / surplus
− R 4.59m
36% of retirement target funded on current trajectory36%
Years to retirement30 years
Years in retirement20 years
Monthly income needed at retirementR 30,000 / month
Additional monthly saving requiredR 6,857 / month
Total monthly saving recommendedR 9,857 / month
Projected savings
Required savings
Would you like to save this goal?
Name it and choose to implement immediately or get further information first.
Please enter a name for your goal.
Saved goals
No goals saved yet — adjust the inputs and save your first goal.
This calculator provides estimates for illustrative purposes only and does not constitute financial advice. All figures are in real (inflation-adjusted) terms. Past performance is not indicative of future returns. WealthWorks (Pty) Ltd is an authorised financial services provider — FSP 28337. Speak to a qualified adviser before making investment decisions.