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Messages - Pension

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1
Shares / Re: Help with calculations!
« on: August 28, 2018, 08:51:22 pm »

So maybe what I must do is : ( with the example amounts mentioned )

1. Start retirement with 4% draw down , say R45000 /month
2. Open a savings account with 6 x monthly expenses (6 x R 45000 = R 270 000 )
3. After year 1, give yourself an increase on R45000 using the previous year inflation rate and draw that form your retirement money.
4. Repeat.............
5. If you have a surplus in any year , put it into  the Savings account ( do not use it )
6. If you short money in , say year 5 , draw from your savings. Not from your LA
7. That should smooths your draw down , and keep the retirement value to do its thing ( up and down )
8. And hope your savings account stays positive
9. Focus on managing your retirement fund

Thanks for the reply.



 






2
Shares / Re: Help with calculations!
« on: August 28, 2018, 02:51:52 pm »
Patrick

If I use your calculator with the following data :

Initial deposit                        13 500 000
Additional monthly deposits       - 45 000 ( 4% drawdown)
Investment yield                                  15% ( like you suggests/thinks )
Number of years                                  30
Inflation                                                 6%

Then I have a result of  R87 441 766,71 (Balance in today's money)

Even if I dubble the drawdown to R 90 000  ( 8% ) it still leave me with R19 253 639,59 in today's money ?

What am I doing wrong?

PLease help









3
Shares / Re: Help with calculations!
« on: March 26, 2018, 07:54:55 am »
Thanks Mr_Dividend for taking time to help. Every comment means a lot !


 

4
Shares / Help with calculations!
« on: March 25, 2018, 03:12:10 pm »
See your Compound interest calculator

I gave the following data :
Initial deposit                  5 500 000
Additional deposits                 0
Investment yield                     6.7
Years                                      30
Inflation                                  6.5

The result is after 30 Year I still have my R5.5m ( R5.8m)  left.  Can I assume if I want to draw down 5% for retirement , the investment yield must be 11.7% at least ( 6.7 + 5.0 ) ?

Do you think , with a 50/50 split Global / Local investments , 11.70% can be possible to budget on ?

What do u suggest the investment yield for a budget should be ?

I am 60 now and retired due to health . I have a 50/50 global/local split now. (40% in an LA  , rest in ETF's ) . I have an extensive budget .

So all I am looking for , what yield is possible ??

Please help !











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