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Am I on track for retirement?

A range for the monthly income your retirement savings could provide, in today’s money.

An early estimate of your retirement income gives you time to save more, or to plan differently, while you are still working. This tool gives a range, not a promise. It assumes you keep saving the same amount each month, increased with inflation, until you retire.

In years
In years
In rand

Add up your pension, provident, preservation and retirement annuity funds.

In rand

Yours and your employer’s contributions together.

In rand

Your retirement income, in today’s money

Illustrative

R9,067 – R16,282

a month, before tax, from age 65

On these assumptions, you may fall short.

Even the higher case doesn’t reach your target. The earlier you act, the more options you have.

Saving about R11,363 more a month would reach your target even in the lower case.

Savings at 65, lower case
R2,417,894
Savings at 65, higher case
R4,341,989
Your target (75% of today’s income)
R30,000

What next?

This is a rough guide, not advice. A planner can check it against your real numbers.

Have a planner check this

How this works

This tool is for education. It isn’t advice and it can’t promise any outcome. Results are illustrative and depend on the assumptions below. Tax figures are for the 2026/27 tax year, checked on 28 September 2026. Announced in Budget 2026 and applied by SARS from 1 March 2026. The Bill that makes them law is still before Parliament.

Growth above inflation, lower caseResults are in today’s money, so we use growth above inflation. Investments can do better or worse than this range.
2%
Growth above inflation, higher case
5%
Income drawn each year in retirement, as a share of savingsA living annuity lets you draw between 2.5% and 17.5% a year. Drawing more than 5% a year raises the risk of running out.
4.5%
Retirement income to aim for, as a share of your income todayA common rule of thumb. Your own target depends on your debts, your home and how you want to live.
75%

Assumptions version 2026-27-draft1.

Sources

  1. National Treasury, Budget 2026 Tax Guide
  2. National Treasury, Budget Review 2026, chapter 4
  3. SARS, Budget 2026 frequently asked questions
  4. SARS, tax-free investments
  5. SARS, two-pot retirement system
  6. FSCA, report on two-component related costs and fees (2025)
  7. SARB Exchange Control Circular 6/2026
  8. SARS, estate duty
  9. Administration of Estates Act regulations, regulation 8 (executor’s fees)
  10. SARS, cease to be a tax resident

Speak to a planner

Check the result against your own figures

In a free 20-minute call, a planner can go through your actual funds, tax and plans with you. Send us a WhatsApp message, call or email the office: