For more information on some of the terms used in our tools and calculators, check the glossary at the bottom of the page


The expected annual percentage change in the cost of goods or services necessary for your family

The average investment return you expect to make from your investment portfolio

Refers to spreading payments over multiple periods

Means how much your annual savings is expected to go up each year, based on expected increase in your annual income. Also known as indexation or step-up premium. For example- A 2% means, you are going to increase your savings each year by 2%. If you start with 10,000 in the first year, you will save 10,200 in the second year and so on.

Means the income you are expecting from your employer on your retirement

The interest rate on your loan

The tax rate you pay on an additional dollar of income. If you expect your investment returns will be treated as income and taxed based on the tax jurisdiction you are in, enter the expected tax rate or else leave it blank or enter zero.

Your loan period in months

Means how many Equated Monthly Instalment (EMI) of your loan