Retirement Provision Calculator
Will I have enough when I retire?
Most of us will reach retirement one day, but not all of us will be able to retire in comfort. In fact, only 6% of all people can retire financially secure. It is therefore important that you start saving for retirement as soon as possible.
Your benefit in the UCTRF might not be enough and you may have to either increase your contributions to the UCTRF or use other vehicles to increase your savings for retirement.
Don’t leave it too late, start now!
The calculator below will indicate the level of pension expected relative to pre-retirement CoE based on the assumptions at the bottom of the calculator.
IMPORTANT
This calculation uses certain assumptions (as set out below) and inputs (what you captured), and it is important to understand these because different assumptions and inputs will produce different results. Understanding the assumptions underlying the calculator is critical to accurately interpreting your results.
Always consult your financial advisor for a more tailored outcome.
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Fund website: www.uctrf.co.za
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