Tools
Start with the numbers,
not with a product.
Choose a check below. Change the figures and the results update as you type. They do not recommend a product, and they do not promise a return.
01
Retirement gap
A check on the hole between the spending you want and the money you have set aside. Spending is increased at the inflation rate you type, from today until retirement, and on through the years it needs to last. It is not a forecast, and it is not advice.
Spending to cover
CI$4,544,188
Savings at retirement, at the rate you typed
CI$330,000
Gap
CI$4,214,188
Monthly contribution to close the gap
CI$23,412
Spending to cover is each year's spending, lifted by the inflation rate until retirement and through the years it needs to last. This monthly figure is the extra saving, on top of what you already typed, so the pot at retirement matches that total at the growth rate you typed. It is not a required payment, and it is not a forecast.
Important
This is general information and an illustration only. It is not personal advice, not a recommendation, and not a forecast of what you will have.
The growth rate is one you type. It is not a promised return. If you leave it at 0, the check ignores growth. Investment values can fall as well as rise. You may get back less than you put in.
Inflation starts at 3% a year and can be changed. It is not a forecast. Spending to cover adds that increase from today until retirement, and then each year the money needs to last. The monthly contribution is the extra saving that would close the gap on these figures. It does not allow for tax, pension rules, fees, or a change in what you spend. Central Advisors Limited does not hold your assets and does not guarantee any result.