fiduciaRETIREMENT PLANNING

Retirement Income Calculator

What would it take to maintain your current income in retirement? Compare your target with estimated income and existing assets, then explore the remaining gap.

Current age Retirement age

What is your current annual income? Use the same gross or net basis for all income amounts below.

Your existing retirement savings

Include only money you intend to use for retirement. Exclude your emergency reserve and money needed for other goals.

Current cash and bank deposits Amount available for retirement. Assumed to earn 0% in this illustration. Current investments and pension savings Current value you intend to draw on. Illustrative growth of 5% a year.

Income expected to continue in retirement

Enter annual amounts in today’s money. Use current income only if you expect it to continue when you retire.

Rental income Annual rent after property running costs. Income from separate investments Annual income from assets not included in the savings values above. Private pension income Annual pension income. Exclude any pension pot included above. Other continuing income Other annual income, excluding State pension and amounts already entered.

Count each asset or income stream once. The calculator estimates State pension separately.

Your income target: 100% of current income.
Inflation is included to estimate the amount needed for equivalent purchasing power at retirement.

Would you like to leave a financial legacy?

None €50k €100k €200k

Your total retirement capital target

€0

Illustrative additional monthly saving

€0/month

Years to retirement

0 years

Current monthly income€0

Equivalent monthly target at retirement€0

Estimated monthly income in retirement€0

Monthly income gap at retirement€0

Projected value of existing retirement assets€0

Additional capital to build€0

The income gap is before withdrawals from the savings entered above. Projected existing assets reduce the additional capital you need to build. Future amounts are expressed in retirement-year euros.

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How does the calculator work?

The income target is 100% of your current annual income, increased by assumed inflation to preserve equivalent purchasing power. Use a consistent gross or net basis; taxation is not modelled.

The calculation assumes 2% annual inflation, 5% annual growth on investments and new savings before retirement, 0% growth on current cash and bank deposits, and a 4% planning drawdown assumption in retirement. Returns are illustrative, not guaranteed, and do not deduct charges or tax. A 4% drawdown does not guarantee sustainable income.

The Malta State pension figure is an indicative planning estimate only. It uses two-thirds of current income capped at a 2026 Maximum Pensionable Income assumption of €29,083.36 and assumes a full contribution history. This simplified assumption has been retained from the original calculator for this review; it does not assess your actual entitlement or pension commencement age. If you retire before State pension starts, the intervening income gap is not modelled.

Rental income, separate investment income, private pensions and other continuing income reduce the income gap. These income streams are assumed to rise with inflation; actual payments may not. Existing cash and the projected value of retirement investments reduce the additional capital target. Legacy is added separately in inflation-adjusted terms.

Important: This calculator is an indicative planning tool only. It is not an official Malta State pension calculation, quotation, guarantee, tax calculation or personalised investment recommendation. Actual pension entitlement, returns, charges, taxation, inflation and legislation may differ. A formal fact-find and official product illustration should be completed before any recommendation.