Try the tool
Retirement Calculator
Wondering if you are behind on retirement savings? These age-based benchmarks give you a quick check. They are expressed as a multiple of your annual salary.
| Age | Savings target | On R400k salary |
|---|---|---|
| 30 | 1x salary | ~R400,000 |
| 40 | 3x salary | ~R1.2m |
| 50 | 5x salary | ~R2m |
| 60 | 8x salary | ~R3.2m |
Try it with your own numbers:
See your projection →Behind? Here is how to catch up
- Increase your retirement annuity contribution — it also cuts your tax
- Direct any raises and bonuses straight to retirement savings
- Delay retirement by a few years — it dramatically increases your final pot
- Reduce expenses now to free up more to invest
Ahead? Keep going
If you are ahead of these benchmarks, stay consistent and consider whether you could reach financial independence early. Check your number with the FIRE calculator.
Remember these are guidelines, not guarantees. Your actual need depends on your lifestyle and expenses. Project your specific situation with the retirement calculator.