The after-tax lump sum, in today's money, landing in the year you stop, that keeps an 85% chance your money lasts.
Range of outcomes
1,000 simulated markets
Middle 80% of outcomesTypical outcome
Market crash
A one-off fall in every pot. The year after you stop is the hardest test.
Scenarios side by side
Same plan, different inflation and growth.
Year by year
Grey rows are past years from your Finances sheet (* estimate). Highlighted: the year you stop, and pension access.
Decisions
What you decided, and why. Newest first.
How the model works
Pay: take-home plus bonus after tax, as a monthly figure, growing with pay growth until you stop.
ISAs: a fixed monthly amount in today's money, rising with inflation, while you work. The SAYE payout lands in the year it matures.
Pension: 21% of pensionable pay (salary including bonus) goes in each year while you work, growing with pay.
House: grows at inflation plus 1%. The mortgage is paid from pay. When you stop, you downsize and the equity released goes into the bridge pot.
Bridge pot: your ISAs plus released equity. It pays spending, less any part-time income, until pension age.
From pension age: State Pension first (from 68), then any bridge left, then the pension. Withdrawals are taxed: 25% tax-free up to £268,275, the rest as income, with bands rising with inflation.
Portfolio: 80/20 uses the scenario's growth at 15% volatility; 60/40 is 0.75 points lower at 11%; 40/60 is 1.5 points lower at 8%.
Windfall: an after-tax lump sum in today's money, added to ISAs in the year it arrives, or to the bridge pot if you've stopped.
Success: the bridge never runs out before pension age, and the pension lasts to your plan age.