18
65
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75

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1,000
50,000
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*Based on today’s cost of living.
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5,000,000
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This calculator is for guidance purposes only. It is not an actual projection and should not be treated as such.

St. James’s Place can accept no responsibility for any loss which may occur as a result of reliance on this information.

It is based on our understanding of current legislation. It does not constitute legal or taxation advice.

The objective of this calculator is provide an indication of the monthly saving needed to fund the gap in your required income at retirement and your expected income from existing funds.

Your results

To have an annual retirement income of:

HKD 504,000

Which is a monthly retirement income of:

HKD 42,000

You may need a retirement pot of:

HKD 504,000

Which in today’s money is:

HKD 42,000

This means saving (per month):

HKD 10,000

Want to make changes?

Download as a PDF

  • Retirement pot value

  • In today's value

Assumptions:

1. Contributions are paid monthly in advance, increasing each year by inflation, for 30 years from your current age until retirement.

2. An annuity rate of 4.3% has been assumed to calculate retirement pot at retirement.

3. If any Tax Free Lump Sum is to be taken, this will reduce the retirement income required.

4. A growth rate of 3.5% has been assumed to calculate retirement pot at retirement.

5. An inflation rate of 2% has been assumed to calculate retirement pot at retirement.

The figure provided is an example only and not guaranteed - this isn’t a minimum or maximum amount. What you will get back depends on how your investment grows and on the tax treatment of the investment. You could get back more or less than this.

The value of an investment with St. James’s Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested.

The levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax relief depends on individual circumstances. You are advised to seek independent tax advice from suitably qualified professionals before making any decision as to the tax implications of any investment.

Please note that any applicable state pensions or government retirement schemes which may be available in your country of tax residence have not been included in the above calculations.

The ‘St. James’s Place Partnership’ and the titles ‘Partner’ and ‘Partner Practice’ are marketing terms used to describe St. James’s Place representatives. Members of the St. James’s Place Partnership in Singapore represent St. James’s Place (Singapore) Private Limited, which is part of the St. James’s Place Wealth Management Group,and it is regulated by the Monetary Authority of Singapore and is a member of the Investment Management Association of Singapore and Association of Financial Advisers (Singapore). Company Registration No. 200406398R. Capital Markets Services Licence No. CMS100851. Members of the St. James’s Place Partnership in Hong Kong represent St. James’s Place (Hong Kong) Limited, which is an insurance broker company licensed with the Insurance Authority (Licence No. FB1075), a licensed corporation with the Securities and Futures Commission (CE No. AAV439) and registered as an MPF Intermediary (Registration No. IC000852). Members of the St. James’s Place Partnership in Shanghai represent St. James’s Place (Shanghai) Limited which is part of the St. James’s Place Wealth Management Group and is a Wholly Foreign Owned Enterprise (WFOE). WFOE registration No. 91310000566573326L. Please note that due to local legislation we are unable to offer our financial planning services to nationals of the People’s Republic of China. St. James’s Place Wealth Management Group Ltd Registered Office: St. James’s Place House, 1 Tetbury Road, Cirencester, Gloucestershire, GL7 1FP, United Kingdom. Registered in England Number 02627518.

St. James's Place

Retirement planner

To have an annual retirement income of:

HKD 504,000

Which is a monthly retirement income of:

HKD 42,000

You may need a retirement pot of:

HKD 504,000

Which in today’s money is:

HKD 42,000

This means saving (per month):

HKD 10,000
Download as PDF

Assumptions:

1. Contributions are paid monthly in advance, increasing each year by inflation, for 30 years from your current age until retirement.

2. An annuity rate of 4.3% has been assumed to calculate retirement pot at retirement.

3. If any Tax Free Lump Sum is to be taken, this will reduce the retirement income required.

4. A growth rate of 3.5% has been assumed to calculate retirement pot at retirement.

5. An inflation rate of 2% has been assumed to calculate retirement pot at retirement.

The figure provided is an example only and not guaranteed - this isn’t a minimum or maximum amount. What you will get back depends on how your investment grows and on the tax treatment of the investment. You could get back more or less than this.

The value of an investment with St. James’s Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested.

The levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax relief depends on individual circumstances. You are advised to seek independent tax advice from suitably qualified professionals before making any decision as to the tax implications of any investment.

Please note that any applicable state pensions or government retirement schemes which may be available in your country of tax residence have not been included in the above calculations.

The ‘St. James’s Place Partnership’ and the titles ‘Partner’ and ‘Partner Practice’ are marketing terms used to describe St. James’s Place representatives. Members of the St. James’s Place Partnership in Singapore represent St. James’s Place (Singapore) Private Limited, which is part of the St. James’s Place Wealth Management Group,and it is regulated by the Monetary Authority of Singapore and is a member of the Investment Management Association of Singapore and Association of Financial Advisers (Singapore). Company Registration No. 200406398R. Capital Markets Services Licence No. CMS100851. Members of the St. James’s Place Partnership in Hong Kong represent St. James’s Place (Hong Kong) Limited, which is an insurance broker company licensed with the Insurance Authority (Licence No. FB1075), a licensed corporation with the Securities and Futures Commission (CE No. AAV439) and registered as an MPF Intermediary (Registration No. IC000852). Members of the St. James’s Place Partnership in Shanghai represent St. James’s Place (Shanghai) Limited which is part of the St. James’s Place Wealth Management Group and is a Wholly Foreign Owned Enterprise (WFOE). WFOE registration No. 91310000566573326L. Please note that due to local legislation we are unable to offer our financial planning services to nationals of the People’s Republic of China. St. James’s Place Wealth Management Group Ltd Registered Office: St. James’s Place House, 1 Tetbury Road, Cirencester, Gloucestershire, GL7 1FP, United Kingdom. Registered in England Number 02627518.