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How much do you need for retirement?
Find out how the Wealth Bonus is calculated.
Speak to an accredited financial planner.
If you'd like to find out exactly how the Wealth Bonus works and how you can supersize maximise your retirement outcome savings, watch the video below.
This Example is based on a monthly payment of R1 000, taking into account an annual increase of 5% over 25 years. Invested in the SATRIX Dynamic Balanced Fund. It assumes an investment return of 10% before fees.
Wealth Bonus: R449 150This is the Wealth Bonus that Sanlam will add to your fund value.
Investment Return: R448 070This is the investment return on your plan. The fund value is equal to the payments plus the investment return.
Payments: R572 730This is the total payments made on your Cumulus Echo Retirement Annuity.
When you retire, you generally need less income than you required before retirement. This is simply because some of your expenses like travelling to work will fall away, and you will also pay less tax after 65 (and even less after 75). Depending on your retirement plans, you would need at least 60% of your final pre-tax salary after retirement.
Sanlam Reality members on the Reality Plus, Reality Health and Reality Core membership options now qualify for a discount of up to 100% on the fee at benchmark of Sanlam Investments’ flagship funds. The discount percentage depends on your Sanlam Reality tier status. Speak to your Sanlam financial planner or accredited broker about Sanlam’s investments and savings products, the fees and the discount percentage you might qualify for. You can also visit the Sanlam Reality webpage to find out more about the benefits you can receive.