Your retirement journey starts now

As at July 2017, RisCura compiled information on how much South Africans need to save, when they need to start saving, and how long they need to save to ensure they can maintain their standard of living. The following scenarios are based on this information and a retirement age of 65 years.

* All calculations are based on an investment return assumption net of fees of CPI+4%. It is assumed that the pension is taken as a living annuity. A replacement ratio of 75% is targeted, i.e. at retirement the pension should replace 75% of gross income before retirement. The contribution rate is assumed to be net of all admin fees on gross income. The annuity factors used in this calculation is based on prevailing interest rates as at July 2017 and excludes any product costs of these pensions.

Media contacts

For media enquiries, please contact us via email