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Some costs, such as school fees and medical aid, have risen faster than general inflation.

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In 10 years, it costs about

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How the calculator works

Inflation compounds: each year’s increase applies to a price that has already risen. At 4.5% a year, prices roughly double in 16 years.

The same arithmetic, run backwards, shows what money you receive later is worth today. That is why a retirement plan aims for an income in today’s money, not a fixed number.

The calculator uses the same inflation rate every year. Actual inflation varies from year to year, and the prices you pay can rise faster or slower than the average. The information on this website is general and should not be seen as financial advice or a recommendation. We trust our sources but can’t guarantee absolute accuracy or completeness. Talk to a TRG adviser about your own circumstances.

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