This simulation aims to illustrate to you about your pension needs. You can prepare your pension fund as early as possible, either investing it monthly or yearly depending on your own plan. The mutual funds used for these simulations are equity funds considering this will be a long term investment.
Ilustrasi
You are 30 years old and plan to retire at the age of 55 years. You want to prepare your retirement funds until you are 85 years old. Your current yearly spending is 100 million dollars, and you estimate that during your retirement, your expenses will increase by 120% (not inflation adjusted) due to the additional expenses such as medical expenses after your retirement. Currently you don't have any allocation for your pension fund at all. How much the pension fund should you prepare?
| Time until Retirement |
: |
25 years |
| Yearly Expenses |
: |
Rp 100.000.000 |
| Degree of Expenses Change After Retirement |
: |
120% |
| Life Expectation After Retirement |
: |
30 years |
| Total Existing Retirement Fund |
: |
Rp 0 |
After the calculation, the money you needed to plan your pension fund is Rp 4.297.267,- per month or Rp 71.962.230,- per year.
For your information, the expected return is not a guarantee. The number is an indication based on historical performance