Calculator For Withdrawal
Withdrawal Calculator
 
Current Age (years)
Gross Salary (BND)
Member Contribution (%) 5.00
Employer Contribution (%) 5.00
Voluntary Contribution (BND)
Account Balance (as at today) in BND
Dividend Rate (%)
 
 
Withdrawal
Year 50Year 55
Total Fund at Age0.00BND0.00BND
Withdrawal Percentage %0.00%
Total Withdrawal0.00BND0.00BND
 
 

Assumptions
The calculator is designed based on below assumptions

1. Current Age is based on 01/01/YYYY as your date of birth
2. Retirement Age is based on 01/01/YYYY as retirement date
3. Member Contribution is fix at 5% monthly
4. Employer Contribution is fix at 5% monthly
5. Dividend Rate is based on user input and fix for each year
6. Dividend Rate is based on 01/01/YYYY as financial year start date
7. All below value is derived based on 2 decimal points and value will be round up to nearest 0.01
    - Salary
    - Total Contribution (Year)
    - Voluntary Contribution (Year)
    - Next Ledger Balance
    - Total Withdrawal
8. Withdrawal amount estimated is based on Brunei Dollar currency
9. All below value is derived based on nearest Brunei Dollar
    - Employer Contribution
    - Member Contribution

Calculator Disclaimer
These online calculators are made available and meant to be used as a screening tool for the member.
The accuracy of these calculations is not guaranteed nor is its applicability to your individual circumstances.
For further information, please contact TAP call center at 2382800.

Calculator Definition
The variables used in our online calculator are defined in detail below, including how to interpret the results.

Variable Definition
Current Age This is your current age in years
Gross Salary (BND) This is your monthly gross salary, stated in BND
Member Contribution (%) This is TAP member contribution rate, fixed at 5% monthly
Employer Contribution (%) This is TAP employer contribution rate, fixed at 5% monthly
Voluntary Contribution (BND) This is your monthly voluntary contribution, stated in BND
Account Balance (as at today) in BND This is your current balance in TAP account, stated in BND
Dividend Rate (%) This is the expected annual dividend rate (%)
Total Fund at age 50 This is the total estimate fund when you reach age 50
Total Fund at age 55 This is the total estimate fund when you reach age 55
Withdrawal percentage This is your estimated withdrawal percentage (specify in %) at age 50 and 55
Total Withdrawal (BND) at age 50 This is the calculated total withdrawal at age 50 based on your withdrawal percentage and total fund at age 50, stated in BND
Total Withdrawal (BND) at age 55 This is the calculated total withdrawal at age 55 based on your withdrawal percentage and total fund at age 55, stated in BND