You can enter details of all contributions you expect to make towards your pension plan, whether it is a Private or Company Plan and whether these contributions are made on a one-off or recurring basis.
If it is a Company Plan (including SIPP and SSAS), you will also be able to enter your employer's expected contributions.
You can even specify if you expect these contributions to increase over time.
You can also enter details of any future savings or investments you expect to make prior to retirement, and let you select whether these are taxable or tax-free (such as ISAs or National Savings).
Again you can select one-off or recurring savings, and if you wish, anticipate increases in these savings from year to year to retirement.
You will then be able to visualize the effect of these further contributions and savings on your finances throughout your retirement. It is an ideal tool to enable you to decide how much to put away to ensure that when you do retire, you have enough assets to achieve the lifestyle you want over the years ahead.(LifePlan Classic & LifePlan Premium only)
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 multiple 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