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Retirement Savings Calculator

Discover how much you should be saving in order to meet your retirement goals

How much should I be saving for my retirement?

Work out how much you should be saving each month for your retirement, and see how long it'll take to reach your goal.

What’s this calculator for?

This calculator can help you to:

  • find out how much money you could have by the time you retire
  • see how your savings and investments could impact your retirement
  • decide if you'd like to discuss your retirement plan with us
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How much you'll have when you retire
High investment return -
Average investment return -
Below average investment return -
How much you'll have left at life expectancy
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Average investment return -
Below average investment return -
Your age that your funds will last until
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Average investment return -
Below average investment return -
High investment return Average investment return Below average investment return
How much you'll have when you retire
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How much you'll have left at life expectancy
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Your age that your funds will last until
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If you've chosen a secure investment risk level, you will only see a blue line as this is a savings-only option with zero investment risk.

 

What to do next

 

If the results aren't what you were expecting, try adjusting your choices to reduce the time it takes to reach your retirement goals. Although, this calculator doesn't represent a guarantee.

 

You can also book an appointment with our expert financial advice team to discuss your results and take your retirement planning further.

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The information on this page does not constitute a solicitation of the sale or recommendation of, or advice on any products. You should not act on such information without seeking professional advice. You should also consider whether any products are appropriate in view of your own circumstances, including not only your risk tolerance, but also your financial situation, investment knowledge and/or experience, investment objectives and preferred investment period.

These calculations are projections, and do not factor in any fees or taxes. When you seek advice through our financial advisers they will provide you with projections which will factor in fees and taxes and some other criteria and this means that there will be a variance (which in some instance may be material) between the projections shown in these online calculators and those provided by the financial advisers.

HSBC Bank Malta p.l.c. is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use of or reliance on the information /projections shown on this page. HSBC Bank Malta p.l.c gives no guarantee, representation or warranty as to the accuracy, timeliness or completeness of the information shown.

The illustrative value at mid-return is based on an average annual growth rate of 1.87% (gross) which represents your investments style. The assumed inflation rate is 1.52%. All figures are shown in their value at your target.

This is an internet tool which only provides a snapshot of your financial situation at the current time, using the information you have provided and a set of assumptions. This tool cannot provide you with financial advice or personal recommendations. The impact of tax, account charges or changes in exchange rates are not taken into consideration in this tool.

The calculations are based on assumptions and not on your personal circumstances. It is not a guaranteed rate of return. Everyone’s circumstances are different and what applies to one person may not be right for the next.

These suggestions are based on a general assumption of each life stage and are not intended to provide advice or recommendation on your individual financial needs.

The value of investments - and any income received from them – can fall as well as rise and you may not get back what you invested. For some investments this can also happen as a result of exchange rate fluctuations, as shares and bonds may have an exposure to overseas markets. You may experience periods of negative returns and it is possible to lose your entire investment. Investing should normally be seen as a medium to long term proposition, for example five years or more.

You should always consider seeking advice from a financial adviser before taking any action. To learn more about the financial advice services we offer, please visit our wealth management page.

You may also be interested in

 

Our dedicated financial advisors can help you to take a structured approach towards saving for retirement.

 

A range of flexible investment plans designed to meet your saving and retirement needs.

 

Help us to appropriately tailor our investment services to you by identifying the level of risk or uncertainty you are comfortable with taking on.

Approved and issued by HSBC Bank Malta p.l.c, (116, Archbishop Street, Valletta VLT 1444). HSBC is a public limited company regulated by the Malta Financial Services Authority and licensed to carry out the business of banking in terms of the Banking Act (Cap.371 of the Laws of Malta). HSBC is licensed to conduct investment services in terms of the Investment Services Act (Cap.370. of the Laws of Malta) and is enrolled as a Tied Insurance Intermediary for HSBC Life Assurance (Malta) Ltd under the Insurance Distribution Act (Cap. 487 of the Laws of Malta).

Disclaimer

The Site is primarily intended for those who access it from within Malta. Because of this we cannot guarantee that the Site or the information thereon complies with law or regulation of other countries and regions, or is appropriate for use, in other places. You are wholly responsible for use of the Site by any person using your computer and you must ensure that any such person complies with these Terms.

The information provided on this Site is not intended for distribution to, or use by, any person in any jurisdiction where such distribution or use would be contrary to law or regulation. This Site should not be considered as communicating any invitation or inducement to engage in banking or investment activity or any offer to buy or sell any securities or other instruments outside Malta.

Listening to what you have to say about our services matters to us.