Go Back To Databank Website

Q: I am in my 50s, what is my retirement number?

22 Sep, 2020 865 Retirement Number
Print Topic

A: Your retirement number usually depends on the kind of retirement you want and how much you would want to have in your account at retirement. Assuming you would want to have GHC 1 million in your account by that age, your retirement number would be GHC 3,864 a month. Calculation assumes an annual average return of 15%.  

Calculate your own retirement number here