Retirement Planner

Ascor® Independent Wealth Managers

Adviser mode

Client name

Client age

Prepared by

Your situation

How old are you now?

Compulsory savings — pension, provident & RA

Discretionary savings — investments, cash

Tax rate on discretionary withdrawals (your estimate)

Applied to every rand drawn from discretionary savings. The compulsory pot is taxed on the SARS tables instead.

Monthly income you’d like in retirement (today’s money, after tax)

When do you want to retire?

age 65

Plan your income until what age?

age 95

The projection and the chart run to this age.

What if you…

Tap any of these to see how a change today affects how long your money lasts. Combine them to build a plan.

Monthly income & tax at retirement

How your savings last over time

Goals — extra income, lump sums and money coming in

Other wealth — property and other assets

Adviser settings

Detailed assumptions

Returns

Expected return after fees (blended) 8.5%

Return before retirement 8.5%

Return after retirement 8.5%

Return uncertainty (±) 2.0%

Inflation & income

Inflation (CPI) 5.5%

Income escalation 5.5%

Inflation sets today’s-money values, the tax brackets and the default growth of goals and assets. Income escalation is how fast the income you draw grows each year; set it above inflation if your spending needs rise faster.

Savings before retirement

Annual savings, to retirement funds (R)

Savings escalation 5.5%

Guaranteed pension

Pension at retirement (R p.a.)

Pension escalation 0.0%

Drawdown order

In adviser mode the single client “expected return” is split into before/after-retirement returns above; changing either here overrides the client slider. The client view always uses one blended return.

Best drawdown — how much to draw from which pot

Year-by-year projection

ASCOR® Independent Wealth Managers (FSP 12653) · www.ascor.co.za · 086 1113 187