Retirement Planning - Al Meezan Investment Management Limited
Al Meezan Investments

Retirement Planning

View your retirement savings balance and your withdrawals for each year until the end of your retirement.

You may select your retirement age of either lower of your current age plus 25 years or between 60 and 70

Returns

Please enter an inflation – adjusted annual returns rate to achieve the real rate of return

Serial Allocation Scheme Equity Debt Money Market
1 High Volatility
80%
20%
0%
2 Medium Volatility
50%
40%
10%
3 Low Volatility
25%
60%
15%
4 Lower Volatility
0%
50%
50%
5 Variable Allocation Scheme I
100%
0%
0%
6 Variable Allocation Scheme II
0%
100%
0%
7 Variable Allocation Scheme III
0%
0%
100%
8 Life Cycle Scheme 18 - 30
80%
20%
0%
31 - 40
70%
30%
0%
41 - 50
50%
40%
10%
51 - 60
25%
45%
30%
61 - 75
15%
40%
45%

The remaining amount shall be fully invested in your selected Income Payment Plan till the end of MIPP term

Serial Plan Equity Debt Money Market
1 Low Volitality 25% 60% 15%
2 Lower Volitality 0% 50% 50%

*Investors are advised to select a minimum monthly income amount in line with their overall accumalated funds at retirement and selection of % accumulated balance to be invested in MIPP for monthly withdrawals. This will ensure that the investor does not run out of monthly income stream before the term of MIPP ends.

  1. Systematic Withdrawal Option
  2. Actual Appreciation Payment plus Fixed Amount

Disclaimer: VPS Simulator is duly verified by Abdul Rahim, Fellow of Society of Actuaries, USA. The Simulator calculates tax credit, accumulated amount and pension on the basis of inputs given by the user. The calculation of tax credit are based on Al Meezan Investment Management Limited’s tax consultant‘s interpretation of the tax law which to the best of the Pension Fund Manager understanding is correct. Participants are expected to seek independent advice so as to determine the tax saving from investment in voluntary pension funds. Any withdrawals from a pension fund before retirement are subject to tax as per Income Tax Ordinance, 2001.

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