See how long your retirement funds will last
To preserve your retirement funds, you should only live off the returns (over and above inflation) that they generate. If you draw too much income, you will eat into the initial amount and face the daunting possibility of running out of funds.
Fill in the amount you expect to retire with as well as the initial monthly income that you would like to receive, and we'll calculate how long your retirement funds should last. You will notice that, if you draw too much income, your retirement funds (in blue) will fall over time and they will no longer cover the income you require which has to continually rise to keep up with inflation (in red).
| Anticipated retirement age: | |
| Expected retirement funds (R): |
(Use GCI's Funds Calculator if you are not sure.) |
| Assumed Return (% p.a.): | |
| (While past performance is no guarantee of future performance, GCI has achieved average returns of above 12 percent for our clients since 2005) | |
| Inflation (%): | |
| Annual Increase in Income (%): | |
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To preserve your retirement funds, your recommended initial monthly income is R_________ This is the difference between assumed returns and assumed inflation as a percentage of your retirement funds, split over 12 months. We assume that you will receive returns of above 11 percent. (While past performance is no guarantee of future performance, GCI funds have achieved average returns of above 11 percent for our clients since 2005.) | |
| Monthly income drawn (R): | (You can put in the recommended amount or other amounts to see how long your retirement funds will last) |
