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The outputs of this calculator are based on real returns (after inflation). Future investment values that include inflation are difficult to understand as they do not represent the current purchasing power. Simply toggle the sliders below to reflect your current retirement plan details. Once your details are captured, your retirement savings result will be pre-populated.
Please refer to the calculator examples document that illustrates how this retirement calculator can be used.
Absa CIB has brought to the market a distinctively designed investment account: Core Investment Account.
Core Investment Account is a low-cost and easily accessible investment account which utilises ETFs (Exchange Traded Funds) as the building blocks.
Core Investment Account provides you a unique opportunity to invest into Absa’s exchange traded funds (ETFs) via Absa Online in a simple, convenient and cost effective way.
Apply by logging on to www.absa.co.za or click on the Apply online button on the left.
1. Fund management (TER): 0.10% - 0.61%
TER(Total Expense Ratio) is a measure of the fund's assets that have been sacrificed as a payment for
services rendered in the management of the fund, expressed as a percentage of the daily average value of
the portfolio and calculated over a 12 month rolling.
2. Platform: 0.228% (Incl. VAT)
This is the annual administration fee charged by Absa Investment Management Services (AIMS).
3. Annual Processing fee:
R 228 (Incl. VAT) deducted pro rata from the investment on a quarterly basis.
Please note that the fees exclude stockbrokerage or any other JSE transactional costs.
Recurring investment (debit order) : R 500
Lump sum investment : R 10 000
Additional lump sum investment : R 5 000