Should I change the six assumptions?
Usually not at first. They are your country’s figures with a stated basis for each. Change one when you have a specific reason to disagree with it — and only that one.
Part of this answer depends on your country’s system.
You do not have to. The six rates are filled in from the country you will settle in, each with a note saying where it came from, and accepting them is a reasonable starting point. Change one when you have a concrete reason — your children’s school raises fees faster than this, your pay is fixed by contract — and leave the rest alone.
What each one does
| Rate | What it moves |
|---|---|
| General inflation | How fast everyday prices rise each year — most of your spending. |
| Education inflation | School and college fees, and education goals. |
| Medical inflation | Health and insurance costs, and health goals. |
| Income growth | How much your pay rises each year, on average. |
| Investment return while you are working | What your savings earn each year until you stop earning. |
| Investment return after you stop earning | What they earn afterwards — usually lower. |
You & your assumptions
About you
Six assumptions Edit these
- General inflation
- 4.0%
- Medical inflation
- 12.0%
- Education inflation
- 8.0%
- Income growth
- 7.0%
- Investment return while you are working
- 11.0%
- Investment return after you stop earning
- 7.0%
India’s defaults, the country this household settles in. Your own country’s appear until you change them.
The rates group, collapsed with all six figures visible, and opened for editing.
- Rates we’ll project with — your country’s figures. The summary shows all six.
- Edit these opens the six boxes.
- Each box is tagged default, or yours once you change it.
- Reset to country defaults puts back the country’s figures for this plan only.
Illustrative figures — not anybody’s real plan.
How to change one
- Open You & your assumptions and press Edit these.
- Hover or tap the ⓘ beside a rate to read its default and its basis.
- Type your figure. The tag changes from default to yours.
- Press Re-generate my plan.
An edit applies to your plan only; it never changes the country’s defaults for anyone else. Reset to country defaults undoes every edit at once.
Nivritee’s default rates, and the basis for general inflation, differ by the country you settle in.
In United States
| Rate | Nivritee default |
|---|---|
| General inflation | 2.0% |
| Education inflation | 4.5% |
| Medical inflation | 9.2% |
| Income growth | 4.0% |
| Return while working | 7.5% |
| Return after you stop earning | 4.5% |
General inflation follows the Federal Reserve’s 2% longer-run objective. Medical inflation is the North America figure from WTW’s 2026 Global Medical Trends Survey. Education is headline plus 2.5 points; income growth is inflation plus about 2.
Sources for United States
- Why does the Federal Reserve aim for inflation of 2 percent over the longer run? — Federal Reserve
- 2026 Global Medical Trends Survey — WTW (figures as of 2026)
In Canada
| Rate | Nivritee default |
|---|---|
| General inflation | 2.0% |
| Education inflation | 4.0% |
| Medical inflation | 9.2% |
| Income growth | 3.5% |
| Return while working | 7.0% |
| Return after you stop earning | 4.5% |
General inflation is the Bank of Canada’s 2% target, the midpoint of its 1–3% range. Medical inflation is WTW’s North America figure. Education is headline plus 2 points; income growth is inflation plus about 1.5.
Sources for Canada
- Inflation — Bank of Canada
- 2026 Global Medical Trends Survey — WTW (figures as of 2026)
In United Kingdom
| Rate | Nivritee default |
|---|---|
| General inflation | 2.0% |
| Education inflation | 4.0% |
| Medical inflation | 8.2% |
| Income growth | 3.5% |
| Return while working | 7.0% |
| Return after you stop earning | 4.0% |
General inflation is the Bank of England’s 2% CPI target. Medical inflation is WTW’s Europe figure. Education is headline plus 2 points; income growth is inflation plus about 1.5.
Sources for United Kingdom
- Inflation and the 2% target — Bank of England
- 2026 Global Medical Trends Survey — WTW (figures as of 2026)
In Europe
| Rate | Nivritee default |
|---|---|
| General inflation | 2.0% |
| Education inflation | 3.5% |
| Medical inflation | 8.2% |
| Income growth | 3.0% |
| Return while working | 6.5% |
| Return after you stop earning | 4.0% |
General inflation is the ECB’s symmetric 2% target. Medical inflation is WTW’s Europe figure. Europe is one blended option, so inflation and pensions in your own member state may differ — treat these as a starting point and adjust.
Sources for Europe
- Monetary policy strategy — European Central Bank
- 2026 Global Medical Trends Survey — WTW (figures as of 2026)
In Australia
| Rate | Nivritee default |
|---|---|
| General inflation | 2.5% |
| Education inflation | 4.5% |
| Medical inflation | 9.5% |
| Income growth | 3.5% |
| Return while working | 7.5% |
| Return after you stop earning | 4.5% |
General inflation is the midpoint of the Reserve Bank of Australia’s 2–3% target. Medical inflation is WTW’s Asia Pacific trend, moderated for a developed market. Education is headline plus 2 points; income growth is inflation plus about 1.
Sources for Australia
- Inflation Overview — Reserve Bank of Australia
- 2026 Global Medical Trends Survey — WTW (figures as of 2026)
In New Zealand
| Rate | Nivritee default |
|---|---|
| General inflation | 2.0% |
| Education inflation | 4.0% |
| Medical inflation | 9.5% |
| Income growth | 3.5% |
| Return while working | 7.0% |
| Return after you stop earning | 4.5% |
General inflation is the 2% midpoint of the Reserve Bank of New Zealand’s 1–3% target. Medical inflation is WTW’s Asia Pacific trend, moderated for a developed market. Education is headline plus 2 points; income growth is inflation plus about 1.5.
Sources for New Zealand
- Inflation — Reserve Bank of New Zealand
- 2026 Global Medical Trends Survey — WTW (figures as of 2026)
In Singapore
| Rate | Nivritee default |
|---|---|
| General inflation | 2.0% |
| Education inflation | 4.5% |
| Medical inflation | 11.0% |
| Income growth | 3.5% |
| Return while working | 7.0% |
| Return after you stop earning | 4.0% |
MAS manages monetary policy through the exchange rate, aiming at price stability over the medium term, and has no explicit inflation target; it regards core inflation of just under 2% as consistent with price stability, which is what Nivritee’s 2% default reflects. Medical inflation is WTW’s Asia Pacific trend, moderated. Education is headline plus 2.5 points.
Sources for Singapore
- Monetary Policy — Monetary Authority of Singapore
- What is the objective of monetary policy in Singapore? — Monetary Authority of Singapore
- 2026 Global Medical Trends Survey — WTW (figures as of 2026)
In Hong Kong
| Rate | Nivritee default |
|---|---|
| General inflation | 2.5% |
| Education inflation | 5.0% |
| Medical inflation | 11.0% |
| Income growth | 3.5% |
| Return while working | 7.0% |
| Return after you stop earning | 4.0% |
Hong Kong has no inflation target of its own: the dollar is held to the US dollar under the Linked Exchange Rate System. Nivritee sets 2.5%, above the US 2% target, because local costs have run hotter. Education is headline plus 2.5 points; schooling is heavily private.
Sources for Hong Kong
- Linked Exchange Rate System — Hong Kong Monetary Authority
- 2026 Global Medical Trends Survey — WTW (figures as of 2026)
In Japan
| Rate | Nivritee default |
|---|---|
| General inflation | 2.0% |
| Education inflation | 3.0% |
| Medical inflation | 5.0% |
| Income growth | 2.5% |
| Return while working | 6.0% |
| Return after you stop earning | 3.5% |
General inflation is the Bank of Japan’s 2% price stability target. Medical inflation is set well below the Asia Pacific trend, which would be incoherent in an economy that spent two decades near zero inflation. Income growth is inflation plus about half a point.
Sources for Japan
- Price Stability Target of 2 Percent — Bank of Japan
- 2026 Global Medical Trends Survey — WTW (figures as of 2026)
In India
| Rate | Nivritee default |
|---|---|
| General inflation | 4.0% |
| Education inflation | 8.0% |
| Medical inflation | 12.0% |
| Income growth | 7.0% |
| Return while working | 11.0% |
| Return after you stop earning | 7.0% |
General inflation is the Reserve Bank of India’s 4% CPI target, which carries a ±2% tolerance band and was renewed in March 2026 for the five years to March 2031. Medical inflation is WTW’s Asia Pacific trend (14%), moderated slightly. Education is headline plus 4 points, because private education has long outrun prices; income growth is inflation plus about 3.
Sources for India
- Inflation targeting in India — the past, the present and the future (speech by Deputy Governor Poonam Gupta) — Reserve Bank of India, via the Bank for International Settlements (figures as of 2026)
- 2026 Global Medical Trends Survey — WTW (figures as of 2026)
In Malaysia
| Rate | Nivritee default |
|---|---|
| General inflation | 2.5% |
| Education inflation | 5.5% |
| Medical inflation | 12.0% |
| Income growth | 4.0% |
| Return while working | 8.0% |
| Return after you stop earning | 4.5% |
Bank Negara Malaysia aims for a low and predictable pace of price rises without publishing a numerical target; Nivritee’s 2.5% is its reading of the medium-term range. Medical inflation follows WTW’s Asia Pacific trend. Education is headline plus 3 points.
Sources for Malaysia
- Monetary Stability — Bank Negara Malaysia
- 2026 Global Medical Trends Survey — WTW (figures as of 2026)
See this in your own plan.
Open You & your assumptionsLast reviewed 1 October 2026.