You don't need to be able to understand a spreadsheet - the graphs and charts will clearly show you the breakdown of retirement income and expenses together with any shortfalls in income or cash during retirement - all within a user friendly graphic interface.
Whatever life throws up, you'll have a clear picture of your retirement finances. The timescale of LifePlan is unlimited, although it is flexible if you only wish to plan for a set time period ahead.
This chart shows how you will achieve your desired income level in the future and where the income will come from. You can change the time span of the chart as well as rollover or click the bars to gain extra insight into what each bar comprises.
This chart shows the projected value and the value in today's terms using your selected growth and inflation assumptions of your home (less any mortgage), your remaining pension funds and your assets & investments. You can control the time span which you wish to view your income for.
The Investments chart shows the value of the various types of your investments, excluding pension funds, throughout the Lifeplan. You can control the time span which you wish to view your income for.
The income chart shows what makes up your income (apart from capitalising / selling assets or investments) in the future. You can control the time span which you wish to view your income for.
The home chart shows the net value of your home and your mortgage in the future. You can control the time span you wish to view your home value and mortgage for.
The expenditure chart shows your total budgeted expenses this year against your planned annual cash draw (desired income) to provide you with your approximate disposable income (after tax, mortgage and any other loan repayments) per annum, month or even day.
You can either choose to download your LifePlan in the format of an excel spreadsheet or open a printer friendly page with all of the details of your LifePlan.
The LifePlan Schedule allows you to view everything you have entered into the RetireEasy LifePlan in an easy to use table. You can also see when each item was last entered or edited.
Your future may be a lot brighter than you think.
RetireEasy enables you to live the lifestyle you choose.
RetireEasy is the UK’s only independent retirement planning tool. LifePlan gives you an overview of all of your assets – including investments, pensions, savings, business assets and properties – and the income you will receive after liabilities such as debts, mortgages and income tax. It is not just a snapshot, but shows you how your finances will evolve throughout your retirement.
Premium LifePlan not only provides live updates on stocks and fund values, provided by Morningstar, and you can model a Lifetime Mortgage, create and compare up to 3 scenarios of your financial future, radically reduce life insurance costs through a Life Assurance Premium Checker and you can print user-friendly narrative reports.
RetireEasy was established in 2011 and has helped thousands of users to understand their finances throughout retirement and adjust their plans to ensure that their money will last.
You can now include all your additional savings, investments and Pension Contributions between now and your retirement, taking into account increasing these Additional Contributions year-on-year and stipulating whether these are one-off or recurring contributions. As always, you can revisit these projections and change them at any time either when your expectations change, or you have real numbers to replace projections already made.
There are now three additional charts, further breaking down your assets and income.
You can now also download spreadsheets giving you the opportunity to view all of your entered information, and your entire LifePlan in one glance.Sign up now