Determine whether the target income is achievable, with the ability to alter the target income for different ages.
Capacity For Loss
Stress test a pension fund instantly with the ability to recalculate the capacity to withstand a loss in any chosen year.
The system will highlight any annual additional growth required or annual safety margin available to achieve the target income.
Extra Contributions with Cost of Delay
If the target income is unachievable, the additional contributions required
(monthly or lump sum) to reach the target income are shown including the cost of delaying contributions for up to 5 years.
Sustainable Retirement Income
The sustainable level of income is calculated and compared to the target income.
Demonstrate what is achievable as opposed to desired.
Tax Efficient Income Strategy
We undertake full UK Income Tax calculations. You can choose to include Lifetime allowance. You can choose drawdown strategy, such as phased whilst deferring higher rate tax. Easily allows you to maximise income and minimise tax for a single client or couple.