Where does your
money story need
a plot twist?
Planning for where you want to be in the future
starts with understanding where you are now.
starts with understanding where you are now.
Where does your
What's Your Number?
In working out where you need to be you need to know how much “Future you” will need one day when you are no longer able to work. So understanding how much you need to have saved.
Use our simple calculator below to get an approximate idea of how much this needs to be:
Where are you currently on your financial journey
The above estimated retirement figure tells you what amount your combined investments and assets need to be in collectively worth when you stop working.
Not saved enough? – don’t worry, we will get you there together.
Use our calculator below to determine how much you need to save monthly to get to your retirement figure:
Need some help ?
Budget Template
Budgeting is a powerful way to save on unnecessary expenses each month, leaving more to invest in your future. Leave your details to receive the free Carrick Athena budgeting template.
When creating a budget know that these are your figures. No-one else needs to know what they are.
We suggest that you apply the rule of 50% /30%/20%.
- 50% goes to needs ( like medical aid/ Electricity/ Rates);
- 30% goes to wants ( this is fun money, like holidays/ coffees/ new homes) and
- 20% goes to future you ( the person you will one day be when you can no longer work)
PRO TIPS:
- Start with future you. She is the most important. Because if you don’t have enough money in the future and you cannot work any longer then there is a very difficult problem to solve.
- If you are spending more than 50% on your needs, then you are probably confusing a need with a want and you might be living beyond your means.
- The fun money – is the money you apply last
Want help working these figures out:
Download Free Budgeting Template
Need Advice?
Leave your details and one of our Private Wealth Managers will contact you to help guide you through your investment journey with expert advice and unrivalled experience.