We’ll help you think differently about retirement – more optimistic about tomorrow and confident about taking control. You may see yourself traveling, volunteering or simply spoiling your grand kids. Whatever your plans, we are in your corner.
Our individual pension product is a long-term investment plan that allows you to build a sizeable retirement fund. Your monthly contributions grow exponentially with competitive interest rates.
The plan allows you to first build your retirement income by making regular contributions during your working life. On attainment of your selected retirement age, APA Life will pay your accumulated retirement benefits in accordance with the option selected at the inception of the policy.
The table below illustrates the projected benefits at retirement based on the guaranteed returns and average investments returns
Current Age | Years of scheme membership | Monthly contribution | Accumulated contribution at retirement | APA projected average return | Retirement benefits at guaranteed returns (4%) | Retirement benefits average returns (10%) |
---|---|---|---|---|---|---|
25 | 35 | 1,000.00 | 420,000.00 | 10.00 % | 916,776 | 3,828,276 |
25 | 35 | 2,000.00 | 840,000.00 | 10.00 % | 1,833,553 | 7,656,553 |
25 | 35 | 4,000.00 | 1,680,000.00 | 10.00 % | 3,667,106 | 15,313,106 |
25 | 35 | 5,000.00 | 2,100,000.00 | 10.00 % | 4,583,883 | 19,141,383 |
25 | 35 | 6,000.00 | 2,520,000.00 | 10.00 % | 6,417,436 | 22,969,660 |
25 | 35 | 8,000.00 | 3,360,000.00 | 10.00 % | 7,334,213 | 30,626,213 |
25 | 35 | 10,000.00 | 4,200,000.00 | 10.00 % | 9,167,767 | 38,282,767 |
25 | 35 | 20,000.00 | 8,400,000.00 | 10.00 % | 9,167,767 | 38,282,767 |
25 | 35 | 20,000.00 | 8,400,000.00 | 10.00 % | 18,335,534 | 76,565,534 |
Reporting
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