Retire - Retire Calculator

Retirement Calculator

Your Estimated Retirement Savings Required

This calculator is designed to help you decide how much you need to contribute now to save enough for your planned retirement pension and major expenses after retirement.

Basic Details
Present Age	* (Mandatory)
Planned Retirement Age	* If under 65 enter 0 for NZ Super
Annual Income	* Gross from all sources for single or couple

Capital Required at Retirement
Pension required per annum	* Single or couple before tax
less NZ Super	* Under 65 - Nil, 65+ Single - $14500, Couple $22000

Capital Required at Retirement

* This section is optional

See example here

This section is to be used to plan for major costs and gains after retirement. Reasons may include any expected major costs such as Cars, Holidays, Renovations, Medical costs, or major gains from Sale of Property, Investments, Home trade down, Inheritance etc. (Use - negative figures for gains).
Reason	Required at Age	Amount










Total:

Regular Savings Required To Retirement
Years until retirement
Current Savings	* (Optional)
Shares	* Estimated current value
Other Super scheme value	*
Other (Sale of business, property, etc)	* Estimated current value
Total
Value at retirement
Savings still required

Annual Savings Required

% Gross Salary

Continued Savings Per Annum
Savings	*
Other Super scheme	*

Balance required via KiwiSaver

% Gross salary

Notes:

This calculator is a general estimate and is only a guide for planning purposes.

1. Calculations are based on average Male life expectancy. If your family is long lived - save more.
2. Personal circumstances will vary and change. As they change we recommend you return and recalculate.