What Future Scenarios can we Run?
Once a model is built of your current financial situation it becomes a living document and we can simulate a wide range of additions to your plan and see what would happen long term. Here are some scenarios:
You would like to switch from a low-risk to medium or high-risk pension investment strategy
You receive a windfall and would like to see how it affects your plan
You become ill and your income and pension contributions reduce
Interest rates change and you want to see how much income you could receive from the banks
You would like a higher retirement income and want to know how much extra you would need to pay into your pension to achieve it
You would like to buy a new car or the holiday of a lifetime and want to see how it would affect long term regular income