The amount of retirement capital you need will often depend on when you start investing, when you retire, the return on your investments, your income expectations, income indexing, your current saving levels and the amount of government pension income you expect to receive.

Less capital required if

– You start investing early in your life

– You retire later and decrease the length of your retirement

– You earn a higher rate of return on your investments

– You lower your income expectations at retirement

– You don’t index your retirement income to inflation

– Your current retirement savings levels are higher

– Government pension sources are expected to be higher