Retirement › Am I on track
Am I on track for retirement?
👤 Guest · Household of 2Behind, but fixable 💪
You're more than halfway there. About R2,100 more a month – or two extra working years – gets you most of the rest.
Projected pot at 65
R3.1m
In today's money, after growth
Income replacement
54%
Of today's pay – aim for 75%
Monthly gap
R4,200
Short each month after you stop
Years of runway
17 years
Your pot lasts until about 82
To be completed
Two-pot savings component
R38k
Example – add your fund statement
Contribution rate
15%
You and your employer together
What this means
- 1Your pot runs out around 82. Most people need it to last into their 90s.
- 2R2,100 more a month closes half the gap. SARS gives roughly a third back as tax relief.
- 3Retiring at 67 lifts you to 63%. Two more growing years, two fewer spending ones.
- 4Leave the two-pot savings alone if you can. R38k today is about R100k by 65.
Your pot vs what you'll need
Your potWhat you'll need
| Age | Pot | Need |
|---|---|---|
| 65 | R3.1m | R5.7m |
🌱 Next: see what an extra R2,100 a month grows into
Try it →