Total income needed before tax in today's terms?
The number of years until you retire?
Number of years income needed for?
Expected rate of return on investment
Monthly income expected at retirement eg. existing policies
How to use this calculator
The retirement calculator makes it easy for you to work out how much you need to invest now in order to have the retirement you want.
Entering your desired income:
This section tells the system your requirements for retirement, so it can work out how much you need to save.
Fill in your requirements:
- Desired monthly income at retirement (remembering that this should be realistic and you should keep in mind that, hopefully, you would have paid off most of your debt before retirement).
- The number of years until you retire(remember that age 55 is the legal minimum age).
- Income required for how many years?
Enter your existing provisions:
If you have already started planning for your retirement, you can tell the system your existing provisions so that it can factor this into the calculation.
Calculate required saving.
These calculations do not provide for tax deductions, Liberty is unable to warrant the accuracy of the calculators on this website. We therefore cannot be held responsible for any direct or indirect loss or damages that you may suffer should you rely on them. We suggest that you consult with a qualified adviser before making any decisions.