Invest a smaller sum today and grow it to an amount you'd like to leave by life expectancy.
Growing your inheritance
Consider investing a smaller sum in a managed fund today. If you make no withdrawals, compounding returns can grow your investment so it reaches an inheritance amount you want to leave by life expectancy.
Inheritance amount over time (not adjusted for inflation)
Expected inheritance amount over time
The calculator assumes your savings are invested in a ‘managed fund’. This could be a growth, balanced, or conservative fund depending on your investment timeframe until your life expectancy.
The calculator auto-rebalances your risk profile and fund type over time as your investment timeframe changes. The rebalancing calculations are:
For example, if you had a life expectancy of 20 years, the calculator would invest your savings in a growth fund for the first 10 years, then rebalance this into a balanced fund for the following 5 years, and then rebalance this into a conservative fund for the final 5 years.
The asset make-up of each managed fund is based on the fund structure of local Government KiwiSaver and Superannuation provider, SuperEasy. See full details here.
For forecast investment return assumptions, please refer to:
Melville, Jessup,Weaver (MJW), ‘Investment returns over the last 20 years’. Read full report here.
Calculate how much insured income you could have in retirement.
Find out more about Lifetime by requesting a free info pack.