This calculator is designed for the Malaysian environment to help you understand how long your money can support you while maintaining your current lifestyle.
By considering your income, savings, pension, taxes, growth, yield and inflation, you will get the answer to four important questions:
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Maximum Spending Level –
The highest amount you can spend each year (adjusted for inflation) while maintaining your current lifestyle if you retire as planned.
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Earliest Retirement Age –
How soon you can retire while maintaining your current lifestyle for the rest of your life without savings.
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Estimated Pension Fund –
The projected amount of money you will have in your retirement/pension account at a future date.
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Estimated Cash on Hand –
The projected amount of liquid cash/savings you will have at a specific age, based on an assumption about how much of your income you spend over time.
Because the calculator assumes lifestyle maintenance, it treats your retirement years as a continuation of how you live today – no cutbacks, just the same standard of living going forward.
This calculator assumes no income will be earned after the planned retirement age, other than returns on accumulated surplus. If you are not satisfied with the results, you may adjust the planned retirement age to achieve the maximum spending level and earliest retirement age acceptable to you.