Can I afford to retire?

The day you retire can be the saddest or the happiest day of your life. The pre-retirement
calculator will help you determine how well you have prepared for, and what you can do to
improve the financial outcome of your retirement.

How the calculator works

After filling in the details required, the calculator will produce your personal Whale Graph and table. The graph will show you how your retirement balance should increase over time based on a suggested annual savings. The table is a detailed breakdown of the cash flow for each year.

This calculator is for illustrative purposes only, and is designed to give you a visual interpretation of how long your money will last. However, the information used to calculate your personal Whale graph is simplified and is not comprehensive enough to create a sound financial plan. It is therefore important that you do not make any conclusive decisions based on the information provided.

Chartered Wealth Solutions goes through a 5 meeting process to get all the necessary information needed to develop a detailed plan. Learn more about the Process at click here for us to contact you.

Please note that the calculator does not take into account any potential changes in inflation with regard to your returns, or how your personal situation will impact your plan.

Here are a few helpful notes on some of the aspects of the calculator:

Expected inflation
The government targets an inflation rate of between 3% and 6%.

Income replacement
This is the percentage of your current income that you would like to receive in retirement.

Pre and post-retirement investment returns
For a conservative investor 2% above inflation is targeted. (For example, if you have selected an inflation rate of 6 % your targeted return would thus be 8%.)

We suggest you play around and see how changing the age you retire at affects the graph.

For an official consultation contact us.