There are all sorts of pension calculators available, provided via Government-run online resources, pension providers and investment-focused websites, that help give a good approximation of the size of pension pot required to provide a desired retirement income.
Topics covered in this Guide
- Calculate Minimum Budget
- Calculate Ideal Budget
- Margin for error and inflation
- Plotting the course of retirement
- How much income can your pension provide without the pot's value being depleted?
- Periodical Draw Down of Cash Chunks
- Planning for Care Expenses
- Plan B