Retirement savings and benefits

We'll need 15 minutes of your time to take you through your options.
The decisions you make here will impact your future.

How are your retirement savings looking today?

Are you saving enough to keep up with your current lifestyle when you retire?

Your pensionable salary:

{{memberModel.toNearestTen(pensionCalcService.getMonthlyPensionableSalary()) | currency : 'RSA' : 'R' : '1.0-0'}}
Why is this important? Okay, got it

Your estimated pension at age {{pensionCalcService.model.normalRetirementAge}}:

{{memberModel.toNearestTen(pensionCalcService.getRetirementSalary()) | currency : 'RSA' : 'R' : '1.0-0'}}
What does this mean? Okay, got it

By comparing your current salary with your expected pension after retirement you'll get a good idea of whether you will be able to maintain your current lifestyle after retirement - and if not - what is the gap you need to fill to do so.

If you continue to save at the same rate as you currently do, you will be able to buy a pension equal to {{pensionCalcService.getRetirementSalary() | currency : 'RSA' : 'R' : '1.0-0'}} per month in today's terms.

Do you notice the difference between your current salary and your potential pension at retirement?
You have a potential problem.

Did you know?

Most South Africans won’t be able to retire comfortably and the main reason for this is cashing out their retirement savings. Saving or transferring part or all of your savings means you keep your retirement benefit invested and benefit from compound interest and avoid being taxed heavily for taking cash. This way you can make sure that you have enough money for retirement.

Your benefits

You currently have the following benefits with us:

  • {{benefit}}