Lifetime Cashflow Modeller
We aim to have enough money saved from our careers to support ourselves when we retire.
There are many factors to consider when determining if you are on track with your retirement plan, including investment returns, inflation, and the age you retire. This calculator provides a detailed, personalised report of how your retirement funds are shaping up.
How to use our Lifetime Cashflow Modeller
Our Lifetime Cashflow Modeller is designed to give you an idea of what income you could get when you retire.
All you need to do is tell us how much income you want, provide us with some information on yourself and your current investments, and then we'll let you know if you're on track. You can also compare what changes to your retirement plans might do.
Please read our important information to understand how it works and the assumptions it makes to create the final report.
Do these questions sound familiar?
- Can I take a lump sum when I retire?
- Will I have enough to live on in retirement?
- Can I afford to leave an inheritance?
- How will inflation affect my retirement plans?
- How much tax will I pay in retirement?
- Can I afford to retire early?
- Am I saving enough for the retirement I want?
What are my options at retirement?
Depending on the type of pension(s) you have, there are wide-ranging retirement options. The earliest you can access your pension is usually 55 (rising to 57 in 2028). You can choose when you take it and if you take it at all.
Annuities
You can swap your pension pot for a guaranteed income for the rest of your life. You can still choose to take a lump sum at retirement.
Drawdown
You can keep your pension invested and take income as and when you want.
Lump sums
You can keep your pension invested and take lump sums to support your retirement as and when you need
Exploring Your Pension Options with Us
Our financial advice is tailored to you, your circumstances and your objectives. We will ensure you have all the information you need to make an informed decision that will help you make the best choice for your future. Our expert advisers will talk you through the whole process and explain everything you need to know, from terminology to consequences.
Important Information
This modeller is designed to demonstrate what your retirement finances could look like with the information you provide us.
Please note that the modeller cannot factor in your personal circumstances or the impact on your tax position. We highly recommend speaking with a financial advisor about your options.
The values presented on the tool do not suggest any financial advice, guidance or recommendation from Acacia Wealth. The final report doesn't give personalised advice or recommendations. Your actual retirement payout will be based on how well your investments do - which could be more or less than what is shown.
Acacia Wealth Ltd is authorised and regulated by the Financial Conduct Authority under reference 504742.