The Retirement Predictor does not take into account individual needs and circumstances. Since the Retirement Predictor uses assumptions that are different from those used by other similar calculating devices, the results it generates will be different. The results are for reference only and are not a substitute for professional opinion. The figures generated do not represent the actual values of the user’s assets and financial burden at retirement, nor are they guaranteed. HSBC Life (International) Limited (“HSBC Life”) is not legally responsible for any human or system-generated errors or omissions or the reliability of the Retirement Predictor, nor are we responsible for any consequences of any decision or action taken based on the information provided by the Retirement Predictor.

How these results were calculated?

We’ve used information you’ve provided, combined with assumptions made by HSBC, to illustrate whether funds you have set aside and/or are prepared to set aside for retirement are sufficient to achieve your target annual retirement income for the expected length of your retirement. The figures shown are indicative only - they're not guaranteed and are not maximum or minimum amounts.

There is a 1 in 20 chance that the investments may underperform the “poor market conditions” represented in this illustration. This may indicate a potentially negative return and in a worst case scenario, it's possible to lose the entire investment.

Growth rate

The initial results are based on an assumed growth rate associated with the risk level and investment style you selected.

Details of your selected risk level

Investments with greater risk usually have a higher potential for gains or losses. Whereas less risky investments usually offer more stability and a lower return.

Secure

You generally do not want to take any investment risk, since you can accept no investment loss. Financial products with an investment element are not suitable for you. Products that are potentially suitable for you are likely to produce returns that are based on prevailing interest rates which may or may not keep pace with inflation.

Very Cautious

You are generally comfortable with achieving minimal level of return potential on your investment coupled with minimal risks. Capital values of products that are potentially suitable for you can fluctuate and may fall below your original investment. In normal market conditions fluctuation is expected to be minimal (although this is not guaranteed), and you are comfortable with this level of fluctuation.

Cautious

You are generally comfortable with achieving a low level of return potential on your investment coupled with a low level of risk. Capital values of products that are potentially suitable for you can fluctuate and may fall below your original investment. In normal market conditions fluctuation is expected to be low (although this is not guaranteed), and you are comfortable with this level of fluctuation.

Balanced

You are generally comfortable with achieving a moderate level of return potential on your investment coupled with a moderate level of risk. Capital values can fluctuate and may fall below your original investment. Fluctuation is expected to be higher than products that are suitable for investors in lower risk tolerance categories, but not as much as for higher risk tolerance categories.

Adventurous

You are generally comfortable with achieving a high level of return potential on your investment coupled with high level of risk. Capital values can fluctuate significantly and may fall quite substantially below your original investment. You understand the risk/reward equation, and are comfortable with this level of fluctuation.

Speculative

You are generally comfortable with maximising your return potential on investment coupled with maximised risk. Capital values can fluctuate widely and may fall substantially below your original investment. You understand the risk/reward equation, and are comfortable with this level of fluctuation.

Inflation rate and forecasts of your target income

Due to the rising cost of living, the target income you provide is increased in line with inflation at the rate of 2.01% when calculating your desired retirement fund. It is assumed that upon retirement, a fixed amount that’s in line with inflation will be withdrawn from the retirement fund each month as income.

Your regular contributions

We have assumed that any regular savings or investments will remain constant over the contribution period, regardless of inflation. For example, if you start off at $1,000 per month, you will continue adding $1,000 per month for each year that contributions are made.

Grand Retirement Planet refers to the scenario in which the value of the projected retirement assets generated by the Retirement Predictor is higher than the projected financial burden by 30% or more. Results are for reference and illustrative purposes only. These estimates do not indicate or guarantee any actual standard of living, asset value or financial burden in the user’s retirement.

Simple Retirement Planet refers to the scenario in which the value of the projected retirement assets generated by the Retirement Predictor is higher than the projected financial burden by 10% or more. Results are for reference and illustrative purposes only. These estimates do not indicate or guarantee any actual standard of living, asset value or financial burden in the user’s retirement.

“Booster is underpowered” refers to the scenario in which the value of the projected retirement assets generated by the Retirement Predictor is higher than the projected financial burden by less than 10% or lower than the projected financial burden. Results are for reference and illustrative purposes only. These estimates do not indicate or guarantee any actual standard of living, asset value or financial burden in the user’s retirement.