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Risk Profiler Retirement Calculator

Retirement Calculator Enter the information requested in the boxes below. Click on the Calculate button to see an estimate of your retirement savings, total contributions and employer contributions. I am an employee? Yes No    Current Annual Salary: Age:   years My contribution rate: 2% 4% 8%    My employer's contribution rate: 2% 4%    My Annual Kiwisaver Contribution:       Your retirement savings will be approximately: $0 Your contributions towards your savings will be approximately: $0 Your Employers contributions towards your savings will be approximately: $0 The government contribution and tax credits accumulated in your account: $0 These calculations are based upon the following assumptions: No Contribution Holidays are taken Your contributions and the $1,000 Governments subsidy will grow at 3.0% pa after tax and inflation of 2% pa A tax credit of $1,040 pa (or your annual contribution if less) accumulates annually in arrears with net interest of 3.0% pa The kick-start $1,000 Government subsidy is received 3 months after the first contribution is deducted from your pay Interest assumption is net of tax and CPI inflation The result is expressed in today's dollars i.e. inflation adjusted

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