Retirement Savings Calculator
How to Use This Calculator
This simple tool helps you estimate how much money you could have at retirement. Just follow these steps:
- Enter how many years until you plan to retire
- Select how often you want to make contributions (monthly, quarterly, etc.)
- If you have money to transfer from another retirement plan, enter that amount
- Enter how much you plan to save each time (based on your selected frequency)
- Choose whether you’d like to see how much monthly income your savings could provide
- Your results will update automatically as you change any information
Remember, this is just an estimate based on a 10% annual growth rate. Actual returns may vary over time.
Your Results
Total savings at retirement:
KSH 0.00
Estimated monthly income in retirement:
KSH 0.00 per month
Plan Your Tomorrow, Today
Life after work should be a time of comfort and enjoyment. Our retirement savings calculator helps you see what your financial future could look like based on how much you save now. The calculator assumes your money will grow by about 10% each year, though actual growth may be different based on market conditions.
Starting early is the key to building substantial retirement savings. Even small, regular contributions grow significantly over time thanks to compound growth (where you earn returns on your returns). Our financial advisors can help you create a personal plan that fits your retirement goals.
Have questions about planning for retirement? Reach out to our team at info@stepbystepinsurance.co.ke.
At Step by Step Insurance, we believe in “Building Your Future, One Step at a Time”. Let us help you create a secure and comfortable retirement plan.
Need more information? Get in touch with one of our retirement planning specialists today.
