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Long-term projection · Tax-advantaged saving

Retirement Annuity Calculator

Project your retirement fund value, monthly income at retirement, and the tax saving from your RA contributions.

Current age years
35 yrs
Target retirement age years
65 yrs
Contributions
Monthly RA contribution per month
R
Current RA balance existing fund value
R
Assumptions
Expected annual growth SA balanced fund: 10–12% p.a.
10% p.a.
Annual contribution increase inflation escalation
5% p.a.
Gross monthly salary for tax saving calculation
R
Drawdown rate at retirement sustainable: 4–6% p.a.
5% p.a.
Disclaimer: Projections are illustrative only and assume constant growth rates. Actual returns will vary. Consult a licensed financial adviser before making investment decisions.

Retirement Annuity Calculator

Planning for retirement is one of the most important financial decisions you’ll make. A Retirement Annuity (RA) helps South Africans grow their savings over time while benefiting from valuable tax advantages. Our Retirement Annuity Calculator gives you a clear estimate of how much your retirement savings could grow based on your monthly contributions, investment period, and expected returns.

Whether you’re just starting your career or preparing for retirement in the next few years, this calculator can help you understand if you’re on track to meet your retirement goals.

How the Retirement Annuity Calculator Works

The calculator estimates the future value of your retirement investment by considering factors such as:

  • Your current age
  • Planned retirement age
  • Monthly or annual contributions
  • Existing retirement savings
  • Expected annual investment growth
  • Inflation assumptions

Based on your inputs, the calculator projects:

  • Estimated retirement savings at retirement age
  • Total contributions made
  • Potential investment growth over time
  • Estimated monthly retirement income

Why Use a Retirement Annuity Calculator?

Using an RA calculator helps you:

  • Understand how much you may need for retirement
  • See the impact of starting early
  • Compare different contribution amounts
  • Estimate future retirement income
  • Plan around inflation and investment growth
  • Make informed financial decisions

Even small increases in monthly contributions can make a significant difference over the long term because of compound growth.

What Is a Retirement Annuity?

A Retirement Annuity is a long-term investment designed to help South Africans save for retirement in a tax-efficient way. Contributions to an RA may qualify for tax deductions, and your investment growth is generally protected from income tax, capital gains tax, and dividend withholding tax while invested.

Retirement annuities are regulated under South African retirement legislation, helping investors build disciplined, long-term savings.