RETIREMENT - how much in savings will you need ?
The answer depends on many factors — your age and years to retirement, lifestyle and aspirations, family obligations. Everyone is different with a unique set of circumstances.
For example, you may be content to retire to a small flat in the city, but your neighbour wants a home overlooking the ocean. You may have one child to educate, while your neighbour has three. You may have started saving for retirement at age 30, while your neighbour only began to save at age 45.
The lifestyle that you aspire to in retirement will depend on the provisions you made throughout your working life. Leave it too late and you may not have enough to retire on.
ICC will help you determine how much you will need to enjoy a happy retirement.