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menu

TWO POT RETIREMENT SYSTEM

Savings component calculator

Use the calculator below to see how withdrawing from your savings
component will impact your retirement goals.

Fields marked with * are compulsory to correctly calculate your retirement savings.

Personal details
Retirement savings details
Total savings expected at retirement
(no withdrawal)

R0

How much of your savings component do you want to withdraw?

Results

Estimate cash amount of withdrawal (after tax)

R0

Reduction in retirement savings due to withdrawal

R0

Total savings expected at retirement
(single withdrawal)

R0

Total savings expected at retirement
(regular annual withdrawals)

R0

If you make a single withdrawal you will have R0 less in your retirement savings. If you continue to make regular annual withdrawals you could have R0 less in your retirement savings.
Before you withdraw money from your savings component, consider the impact it will have on your long-term retirement savings.

The money in your savings component should also be saved for retirement and will be available as a lump sum when you retire. You should only access this money before retirement for financial emergencies.

Assumptions

1. Inflation and salary inflation (salary increases)
  • We assume the inflation rate to be 5,5% per year.
  • We assume the salary inflation to be 6,5% per year.

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