You're {{ getCurrentAge() }} years old and your current gross salary is £{{ numeralify(salary) }}. Your current pension is £{{ numeralify(existingFund) }} and you intend to retire at {{ retirementAge }} years old. You wish to take a {{ tfcpercent }}% tax free cash lump sum which roughly is £{{ numeralify(taxFreeCash( calculatedRetirementFunds ).toFixed(0)) }}. Your current monthly contribution is £{{ numeralify(pcont + econt) }} which £{{ numeralify(pcont) }} is from you and £{{ numeralify(econt) }} is from your employer.
Most people need a retirement income which is about two thirds of their salary. For you, this is £{{ numeralify(twoThirdsSalary().toFixed(0)) }} per year.
Standard | |
Estimated pension pot at retirement | £{{ numeralify(calculatedRetirementFunds.toFixed(0)) }} |
Desired tax free lump sum | £{{ numeralify(taxFreeCash( calculatedRetirementFunds ).toFixed(0)) }} |
Estimated annual income | £{{ numeralify(yearlyIncome.toFixed(0)) }} |
Increase Contributions | Delay Retirement | Delay Contributions |
£{{ numeralify(increaseContEstimatedPension.toFixed(0)) }} | £{{ numeralify(delayRetirementEstimatedPension.toFixed(0)) }} | £{{ numeralify(delayContEstimatedPension.toFixed(0)) }} |
£{{ numeralify(increaseContTaxFree.toFixed(0)) }} | £{{ numeralify(delayRetirementTaxFree.toFixed(0)) }} | £{{ numeralify(delayContTaxFree.toFixed(0)) }} |
£{{ numeralify(increaseContYearlyIncome.toFixed(0)) }} | £{{ numeralify(delayRetirementYearlyIncome.toFixed(0)) }} | £{{ numeralify(delayContYearlyIncome.toFixed(0)) }} |
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